Answer:
A. debit to Patent for 10,000FC multiplied by the current exchange rate.
Explanation:
Since the excess of cost over book value was 10,000FC and this excess was traceable to a 10-year patent.
The elimination entry to amortize the excess will include a debit to Patent for 10,000FC multiplied by the current exchange rate assuming the foreign entity's local currency is its functional currency.
The scenario illustrated by the company is related to promotion in marketing mix.
<h3>What is promotion?</h3>
It should be noted that promotion is the marketing communication that's used to inform the audience about a good.
In this case, since the companies use online advertising campaigns and contests to help develop better goods, services, or ideas. This depicts promotion.
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Answer:
Organisational control refers to the systematic process of regulating a company's activities to make them consistent with the expectations established in plans, targets, and standards of performance
Explanation:
Organisational control involves the process of influencing the members of an organisation to work in line with the achievement of the objectives of the organisation. organisational control when properly designed is capable of improving the organisation's performance because it will allow the organisation to effectively execute its strategies.
Organisation control involves setting standards, measuring performance and ensuring that performance conforms with standards and if need be make corrections.