Xerox immediately recognized revenue from long-term leased contracts on copiers, rather than recognizing it over the lease term. This is an example of (c) <u>Aggressive revenue recognition </u>
Explanation:
<u>Xerox immediately recognized revenue from long-term leased contracts on copiers, rather than recognizing it over the lease term. The company falsely drive up its stock prices, Xerox defrauded its investors by making them believe that that the financial position of the company was much more than what is being reflected or showed and Xerox were eventually charged and forced to pay a fine in excess of $10 million by the S.E.C</u>
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The four condition for recording up the sale by SEC are
- Persuasive evidence of an arrangement exists
- Delivery has occurred or services have been rendered
- The seller's price to the buyer is fixed or determinable
- Collectibility is reasonably assured
Answer: A.True
Explanation: Marketing continues up till after sales activities such as getting feedback and after sales observation and sales repair and servicing. The marketing process starts from the product development. The activities carried out by sales representatives of HomeWork Helper Appliances Store will help to push up their sales and customer satisfaction which will help them to retain customers and build more customer confidence and customer loyalty.
An example of Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
<h3>What is a
Private land use control?</h3>
This refers to a land control with a deed restrictions that limits what can be done on the property by the owner.
Hence, Private land use control is illustrated in a Subdivision regulations that is imposed by developers in an effort to maintain control of the development of the subdivision.
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The market prices that Jamie will just break-even on this investment is $23.50. When we ignore all the transaction cost and taxes we will get the market price that she will just break-even on her investment is $23.50. The answer in this question is $23.50
Answer: Nepotism
Explanation: Nepotism is an act of granting special privileges to one's friends and family especially during
recruitment or any other opportunity. It entails using one's power to secure juicy opportunities for one's relatives, especially when they are not qualified for such opportunity. Nepotism is also an act of partiality in order to favour one's friends or relative or candidate over others.
The word "nepotism" is an Italian word and it advanced from the Italian word for nephew. It originated in the mid 17th century when popes and other religious leaders were in the habit of displaying favouritism towards their family members at the expenses of others.
Types of nepotism.
• Nepotism at work place or employment nepotism.
• Political nepotism.
• Organizational nepotism.