Answer:
C. has the responsibility of notifying financial statement users through the auditor's report.
Explanation:
Auditor responsibility: The responsibility of the auditor is to give the true and fair opinion on the company's financial statements. The checking of an error or any fraud done by the company is checked by the auditor and the same is communicated to the users of the financial statement.
If all the things are fine than the auditor gives the unqualified opinion else it gives the qualified opinion.
Thus, all other statements are incorrect because it is against the rules and regulations, so if the statement is not fairly stated or the evidence is insufficient to reach any conclusion, the auditor has to notify the users of the financial statement through the auditor's report.
Answer:
The correct answer is letter "C": Competitors are well established.
Explanation:
Product Life Cycle is the time during which a product is conceived and produced, put onto the market and eventually removed from the market. The process has four (4) stages: <em>introduction, growth, maturity, </em>and <em>decline</em>.
In the maturity phase, the sales of the product slow down and in some cases stop because of market saturation. Competitors are well established offering attractive prices to consumers. All marketing efforts are directed to wipe out competition pressures by lowering their demand.
Answer:
B. $2 per unit
Explanation:
The computation of the price of Y is shown below:
As we know that the condition of the utility maximization i.e ratio of Marginal utility and the price should be matched and equal for both the goods given in the question
For one good
= Marginal utility ÷ price
= 40 ÷ $5
= 8
And, for the other goods
Marginal utility ÷ price = 8
16 ÷ Price = 8
So, the price is $2 per unit
Hence, the correct option is B.
try defining what a market approach is: a method of determining the value of a product based on the selling price of similar products.
you can then proceed to think of a specific product or brand which is extremely overpriced (meaning sales volume will be low) or underpriced (meaning profit is not as much as it could be).
a simple example of this could be misjudging the value of real estate, and selling houses, land and other infrastructure for either much more or much less than you should
