Answer:
Deferred
Explanation:
Deferred revenue arises when a business receives cash in one period, but does not provide all of the related goods or services until a later period.
Deferred revenue are the payment received by the company or individual in advance for the product which is not been delivered yet or for the services which are not yet performed. It is not considered as revenue by companies, that´s why they report the deferred revenue as a liability in the balance sheet of the company.
Answer:
Bank of America (NYSE:BAC) has had its fair share of missteps over the past decade, but it's also had successes. Topping the list for the latter is the progress it's made in mobile banking, which has enabled the bank to slash operating expenses in its consumer banking segment.
You can get a sense for Bank of America's success in this regard by looking at the number of people who use its mobile application. In the most recent quarter, the bank boasted 19.6 million active mobile users. That's five times the number it had in 2009. To put this in perspective, Bank of America has 60 million total clients within 45 million households.
The impact on Bank of America's transaction mix has been dramatic. Mobile check deposits are up by a factor of 10 since 2012, and now account for 16% of all deposit transactions at the North Carolina-based bank. If you also factor in ATM transactions, two-thirds of Bank of America's deposit transactions are now automated. That compares to only 35% in 2009.
Explanation:
Answer:
c. an SEC statement expressing an opinion.
Explanation:
The corporation's annual report usually called the Annual financial statements usually contains management discussion and analysis, the various statements of account such as balance sheet, profit or loss, changes in equity, cash flow statements and their accompanying notes.
From the options given, the only option not shown in the report is an SEC statement expressing an opinion.
Option c is right.
<span>General Accounting Office (GAO) </span>
The company selling the product is using emotional appeal in setting up the advertising.
<h3 /><h3>How does advertising impact business?</h3>
A company's marketing department is responsible for identifying strategies that will promote products and services to generate consumer value and market positioning. Advertising aligned with the brand's values will attract and retain consumers, increasing competitiveness.
Therefore, by using an emotional appeal in advertising, the cosmetics company is using a method of competition not based on price, but on the benefits of the product.
Find out more about advertising here:
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