Answer:
What is generally true-in terms of needs and wants-about families whose income is below the poverty threshold?
It is a known fact that human want is insatiable which gives room to always dare to have more, as poverty threshold is concerned. The need s would be more prioritized than the wants, it is when you have enough that is when go for what you want, but with an economic scale below poverty threshold, the needs comes first than anything
Explanation:
Answer:
correct option is B. $10
Explanation:
given data
state income tax refund = $900
interest over payment = $10
solution
we know that Federal and the state income tax refund is an excluded from taxpayer taxable income to extent
so that here refund will not reduces amount of tax for given earlier year
so here amount of state tax refund and the interest is taxable in Clark 2020 federal income tax return is $10
so here correct option is B. $10
Answer:
B: $1,500 is recognized this year, $ 9,000 next year and $ 7,500 in last year of contract.
Explanation:
Steven has adopted the accrual method in recording its revenue.
Accrual is an accounting concept which means expenses and revenues are recorded by a business when they are incurred not when cash is received or paid.
Accrual basis of accounting gives more accurate and true results as compare to cash basis accounting.
The payment received in September of $ 18,000 was the income for 24 months so it was wrong to record the whole amount as an income in September.
In the first year 2 months of income is recorded for November and December ($ 18,000÷24 = $750 per month) $750 × 2 = $1500.
In the second year 12 months revenue will be recognized ($750 per month × 12 = $ 9,000)
In the last year 10 month remained out of 24 months so the income recognized was ( $750 × 10 = $ 7,500)
<u>B. Selective-demand advertising</u> is a type of advertising used to increase the demand for all brands of a product within a specific industry.
The correct option is B.
<u>Explanation</u>:
Advertising is the process of producing advertisement for commercial products or services. Advertising helps the commercial product to reach many customers.
Advertising can be done through television, newspaper, magazine, radio, smart phones and internet.
Advertising can be followed as the major process to promote and sell the products or services.
Selective demand advertising is used to advertise about the benefits of the specific brand. This helps in creating the demand for specific brand of product or service.
Answer:
There are various aspects that would have the most weight.
Explanation:
