This is an example
of kickbacks. This is a type of negotiated inducement in which a
commission is remunerated to the bribe-taker in payment for services accomplished.
In general, the payment for cash, goods, or services handed over is discussed in
advance or ahead of time.
Answer:
Cutoff.
Explanation:
At the end of an accounting period, it is important to ensure proper inventory cutoff to determine the ownership of goods in transit.
In Financial accounting, the term cutoff refers to the process which ensures that business transactions and activities are recorded in the correct accounting period.
An inventory cutoff involves stopping or pausing shipments or receiving of supplies of goods, in order to enable proper accounting and count checks.
Option C
Modified rebuy framework occurs when a company chooses to shop around for suppliers with, perhaps, a better price structure
<h3><u>
Explanation:</u></h3>
Modified Rebuy a purchasing circumstances in which an self or company acquires products that have been acquired earlier but varies unless the supplier or any another part of the former plan. In this the customer requires to alter goods stipulations, terms, costs, suppliers.
In this instance the “in supplier” has to preserve his statement whereas the “out supplier” views it as a more generous proposal and earn some market. A modified rebuy is limited risky and utilizes more limited time. A new goods enlightenment from the pioneer version eternally generates a revised rebuy situation.
Answer:
Consumers are always willing to pay more for brand name
Explanation:
This is absolutely incorrect as there is no connection between how people pay for product and the brand. It is called a blind critics.
The preference of customer will always differ everytime and the good brands are likely to get more customers because their quality and satisfactory rate are always at Top level.
The competitors can only get into the market and get its shares if their quality and satisfactory rate of their product is also good as their rivals product.
Answer:
$9,000
Explanation:
Calculation of the amount Vernon deduct for rent expense on his 2019 tax return will be :
Rent(lease)×Numbers of months used
Where:
Rent (lease)= 3,000
Numbers of months=3
Hence:
3,000×3=$9,000
Therefore the amount Vernon deduct for rent expense on his 2019 tax return is $9,000 which is 3000×3 month.
The 3 months is from 1st October to 31st December.
