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Nana76 [90]
3 years ago
8

The set of business activities that adds value to products and services sold to consumers for their personal or family use is re

ferred to as Multiple Choice retailing. marketing. wholesaling.
Business
1 answer:
BARSIC [14]3 years ago
5 0

Answer:

Marketing

Explanation:

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Go Zone plans to introduce four tablet models over the next year. These models range from basic readers at $99 per unit, to more
Savatey [412]

Answer:

Product line Pricing  

Explanation:

The reason is that when the manufacturer produces a number of quality range products and price them accordingly. This means that the customer who has different level of purchasing power can fulfill his needs and wants accordingly. So producing a single product limits the satisfying of needs and wants of small customer segment whereas producing multiple product range helps in targeting a range of customer segments. The different prices of tablets charged here for different products actually reflects the prices of the products.

7 0
3 years ago
A firm that is threatened by the potential entry of competitors into a market builds excess production capacity. this is an exam
Pavel [41]

A firm that is threatened by the potential entry of competitors into a market builds excess production capacity. this is an example of <u>a credible threat.</u>

<u></u>

A credible threat is one in which there is a real possibility that the member may soon do serious physical harm to other people (including death), and that possibility cannot be completely eliminated by changing any existing rules, norms, or practices.

A system holding State data or a product delivered by the Consultant that has an exploit that a person with knowledge of information technology security believes may be used to compromise one or more parts of the system constitutes a credible danger.

To learn more about Credible Threat here

brainly.com/question/20226868

#SPJ4

6 0
1 year ago
A seller uses a perpetual inventory system, and on April 4, it sells $5,000 in merchandise (its cost is $2,400) to a customer on
Usimov [2.4K]

Answer:

1. Dr Accounts Receivable $5,000

Cr Sales for $5,000

2. Dr Cost of Goods Sold for $2,400

Cr Merchandise Inventory for $2,400

Explanation:

1.,Preparation of the journal entry to record the revenue part of the transaction

Based on the information given we were told that on April they sells the amount of $5,000 in merchandise which means that the Journal entry will be :

Dr Accounts Receivable for $5,000

Cr Sales for $5,000

2. Preparation of Journal entry to record the cost part

Based on the information given we were told that the its cost the amount of $2,400 which means that the Journal entry will be :

Dr Cost of Goods Sold for $2,400

Cr Merchandise Inventory for $2,400

6 0
3 years ago
Questions: 1. Describe the symptoms of fraud that might be evident to a fellow employee. 2. Recently, his employer has been putt
FrozenT [24]

Answer:and Explanation:

1.The following could be symptoms of fraud:

a.Posh Lifestyle: Daniel Jones drove expensive vehicles. It is clear from his site that Jones enjoyed telling people about his toys. It is likely he showed or talked about his various cars to his fellow employees. A clue to Jones’s fraud is that he began to purchase most of these expensive cars in the last ten months of the fraud, not over the period of time he worked for his company.

b.Analytics: Jones received large amounts of software free of charge to be used on developmental projects. Someone should have discovered that Jones was receiving larger quantities of materials than his colleagues. His company could also require seeing the projects Jones was working on and the reasons why he needed such large amounts of materials.

c.Internal Control deficiency: His company had no internal control checks for amounts under $1,000.

d.Unusual Behaviors: It is not one particular behavior that signals fraud but rather a change in entire behavior. Jones had worked for the company long enough that employees and coworkers would be able to tell if he was experiencing behavioral changes.

2.

a.Positive Consequences: Because managers are encouraged to have tighter control over costs, their scrutiny may prevent potential fraud perpetrators. Also, managers will take more ownership of their department because they will be in charge of a greater portion of the assets and will likely be more careful with expenses, especially if a bonus is given for keeping costs low.

b.Negative Consequences: Managers may be more tempted to commit financial statement fraud, especially if a bonus is attributed to keeping costs low/revenues high. Controls will need to be in place as a preventive measures. other non quantitative measures should be looked upn rather than monetary benefits

3.

a.Pressure: Fraud pressures can be divided into four types: financial pressures, vices, work-related pressures, and other pressures. His desire for luxuries was enough to motivate him to commit fraud.

b.Opportunity: His company had a weakness in its controls. It required approval only for software or hardware of more than $1,000. Jones had ordered software in the past for legitimate purposes. He saw that no one really checked up on him, since he was director of a very secret project.

c.Rationalization: He rationalized his unethical acts in one way or another.

4.It appears that his company tries very hard to create a culture of honesty, openness, and assistance by focusing on hiring honest people. However, his company could benefit from developing a code of ethics. In this situation, there was no overriding of existing controls; rather there were no internal controls in place on purchases of less than $1,000. His company could benefit from having some type of internal control to prevent this type of fraud from occurring in the future.

A whitsleblower mechanism should be in place where when the upper management is at fault external agencies can be contacted for prevention of fraud

You can expand on the concepts if you like

6 0
3 years ago
Nancy Tercek started a delivery service, Marigold Corp., on June 1, 2019. The following transactions occurred during the month o
Cloud [144]

Answer:

Nancy Tercek    

Income Statement for the month ended June 30 2019    

                   $                $

Service Revenue    6300

   

Less: Expenses    

Rent Expense   600  

Gas Expense   300  

Utilities Expense         300  

Salaries Expense  1190   (<u>2390)</u>

Net Income             <u>3910 </u>

   

Explanation:

  • These are the only transactions relating to income statement. We calculated the revenue by adding the service revenue earned on 5 june (4700) and on 20 June (1600).
  • In service business there are no Cost of Goods Sold.
  • We deduct the Expenses relating to operations.
  • There are only four expenses and the finance cost relating to notes payable cannot be calculated as the interest rate is not provided.
6 0
3 years ago
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