Answer:
b. Mass customization
Explanation:
Mass customization -
It is the process of producing goods and service which can be altered according to the likes and dislikes of the customer , is known as mass customization .
It is the method to increase the production and increase marketing and manufacturing methods .
This method is also known as built - to - order or made - to - order method .
This method allows the customer to have a wider area of options and increase the creativity .
Hence , from the question ,
The correct term for the given example is mass customization .
Depreciation is a way not only to recognize the lost value over time of an asset, but also a way to recognize the expense of the asset over time. To this end, we want to see the value of the asset get smaller, and a piece of the asset on the the income statement ever period.
The depreciation base is 95,000 -5,000 = 90,000, and the depreciation period is 90,000/15,000 = 6 years.
The journal entry every year will be
Dec. 31
Debit: Depreciation expense 15,0000
Credit: Accumulated Depreciation (15,000)
Accumulated depreciation is a *contra-asset* account on the balance sheet that reduces the value of the the depreciable asset.
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Answer:
The correct answer is letter "A": True.
Explanation:
Stability strategies are those in which the firm does not change its core method of working, thus, it remains to focus on its current products and markets. Carrying out stability strategies is a less risky approach. The types of stability strategies can be <em>no-change strategy; profit strategy; </em><u><em>and</em></u><em> growth through concentration, integration, diversification, co-operation, internationalization.</em>
The probability that an audit team will express an inappropriate audit opinion when the financial statements are materially misstated is the definition of audit risk.
When the financial statements are materially misstated, the auditor expresses an inappropriate audit opinion, this risk which an auditor gives is called the audit risk. So, when the auditor fails to modify an opinion on the financial statements it is an audit risk.
The audit risk will typically rise as an auditor will never be able to obtain absolute assurance by conducting audit procedures. Thus, after identifying the audit risk, auditors are often required to identify the relevant response to these risks.
Hence, the audit risk is a function of the risk of material misstatement.
To learn more about audit risk here:
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