Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
d. Revenue recognition
Explanation:
The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.
Since the given scenario reflects the violation of the revenue recognition principle.
Answer:
Karo Syrup
Explanation:
Karo Syrup is delicious on Pecan Pie
Answer:
Option C
Explanation:
In simple words, scienter relates to the psychological condition where one is conscious that his or her acts, words, etc., are false, dishonest or unlawful: sometimes seen as a presumption of guilt. Scienter can be defined as the legal term as well for malicious intentions or knowledge and understanding.
An offending entity then has prior information of an act or event's "wrongness" before actually perfroming it. For instance if an individual sells his friend an old car with car brakes that don't work but the seller doesn't know at all about the brake pad problem, then the seller doesn't have a scienter.
Answer:
C. increases the company's access to state-of-the-art products and processes.
Explanation:
Outsourcing -
it is the process of hiring an organization or party or individual from outside the organisation .
The task of the party is to make goods and services .
The main focus of outsourcing is as a cost - cutting measure .
Hence advantage of outsourcing to the company is that , it increases the access of the company to the state - of - the - art products .