The good that I chose is T-SHIRT. It is a staple in my wardrobe. It's comfortable to wear and have various styles, colors, and designs to choose from.
The form utility of the t-shirt is that it is a ready-to-wear product. You don't need to look for other items to complete it.
The place utility of a t-shirt is that it is easily accessible to the buying public. Nowadays, you have the option to go to shopping malls, boutiques, and even online stores to buy t-shirts.
The time utility of a t-shirt is that it is can easily be bought when needed. There is no waiting time for a shirt to be completed. Because of its various styles, designs, colors, and sizes, it can cater to everybody's needs at anytime.
The possession utility of a t-shirt is that once it has already been paid for, customers immediately become its owner. You can immediately wear it after purchase without hassle.
The information utility of a t-shirt is that because it is a staple in everybody's closet. From toddlers to adults, t-shirts are vastly available, accessible, and affordable.
All economic utility of a t-shirt is good because it meets the needs and wants of the clients.
Answer:
Income statement.
Revenue 900
Expenses 1.000
Loss -100
Explanation:
(1) $900 worth of services were performed and billed but not collected at May 31
Accounting guideline requiring that revenues be shown on the income statement in the period in which they are earned, not in the period when the cash is collected.
(2) $1,000 of gasoline expense was incurred but not paid.
In accrual accounting, the revenue recognition principle states that expenses should be recorded during the period in which they are incurred, regardless of when the transfer of cash occurs
Advertising keeps consumers informed about new products in the market at their disposal.
Answer:
C, supported employment
Explanation:
Supported employment is a type of employment that involves helping persons or individuals with disabilities maintain their jobs or employment. These disabilities include mental disability, intellectual disability.
By helping these individuals with disabilities become regular employee, they perform valued functions and occupy valued positions for which they receive fair pay as well as undergo any other trainings to help improve their job productivity.
Cheers.