The statements that are true include "Laws of a country regulate the manner in which business transactions are executed."
Also, the other statements among the options that are considered true are "Most countries have laws and court procedures protecting intellectual property such as those in the United States."
Research has shown that many countries have rules and regulations guiding their business transactions, including intellectual property rights, such as Trademarks, Patents, and Copyrights.
Hence, in this case, it is concluded that the correct answer is options A and C.
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I believe the type of organizational structure is: <span>virtual organization
In </span><span>virtual organization, all 'employees' of the organization is considered as a separate entity that technically does not belong as members of the organization.
This type of organizational structure is very common to see in a company that hire workers on a freelance basis.</span>
Answer:
As the production of blenders increases, unitary fixed costs decreases.
Explanation:
Its total fixed costs are $30,000. Its variable costs are $55.00 per blender.
<u>On unitary bases, variable costs remain constant. On the contrary, fixed costs vary at a unitary level. Now, the same amount of costs is divided by a larger number of units.</u>
As the production of blenders increases, unitary fixed costs decreases.
Answer:
b. opportunity cost
Explanation:
<u>The opportunity cost is a term for a process when one thing is chosen and the other alternatives are lost as a cost. </u><u>This is one of the key concepts in economics</u>, as it explains the gain, costs, benefits, and choices. It doesn’t only have to refer to the money cost, but to any loss, that is made during the process of choosing between the alternatives.
The profit and benefits of other choices are lost by making a decision to chose one thing, and benefiting it from it alone.
Answer:
debit to Bad Debts Expense and credit to Allowance for Doubtful Accounts
Explanation:
The journal entry needed to record the adjusting entry by using the allowance method is given below:
Bad debt expense
To Allowance for doubtful debts
(Being bad debt expense is recorded)
Here the bad debt expense is debited as it increased the expense and credit the allowance as it decreased the assets