Answer:
Restrictive loan policies, taxes
Explanation:
Answer: b. pays cash before the expense has been incurred.checked
d. receives cash before the revenue has been generated
Explanation:
Here is the complete question:
Deferral adjustments are needed when the business:
a. pays cash after the expense has been incurred.unchecked
b. pays cash before the expense has been incurred.checked
c. receives cash after the revenue has been generated.unchecked
d. receives cash before the revenue has been generated.
Adjustments are made during the end of every accounting period in order to report the revenues and the expenses in proper period at which they occur and also in order to report the assets and the liabilities at their appropriate amounts.
Deferral adjustment is when the revenue or the expense has been deferred or postponed and will therefore be reported on the income statement at a later period.
Previously deferred amounts will show on the balance sheet when a company pays cash before having to incur the expense or in a case whereby the company gets and collects cash before earning the revenue.
When revenues are made or when expenses are incurred, the previously deferred amounts will have to be adjusted and then, the amounts will be transferred to income statement through the use of the deferral adjustment.
Answer:
Demand for the patent-holder's product will decrease when the patent runs out.
Explanation:
While there is a patent over a product, only the patent-holder's can sell that product. If there is a monopoly it means that that company is the only one that produce and sell this product.
When the patent run out new competitors will enter the business, so the demand on patents holders will decrease.
They can do what they want they are millionaire athletes that have a fanbase not saying its right by any means.
Answer:
Virtual meetings are becoming more and more common nowadays. They can be used for meetings with colleagues, staffs or partners and even for training, presentation. Here are several advantages of virtual meetings, explaining why it becomes so common.
First, they are cost effective compared with the physical one. Virtual meeting requires each participants only computer or another mobile device - which that almost every one owns with internet connection. Meanwhile, the physical one requires travelling which takes time and money, place to hold the meetings.
Secondly, it is convenient and allow the participants from different places. The technological development with internet connection facilitate the virtual meeting even when the members are geographically distant from each other.
Furthermore, there are several minor benefits such as they help share information in real time, contribute to environmental protection, etc.