Answer:
This statement describes. c) revenue recognition
Explanation:
The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.
Answer:
Top-down planning
Explanation:
Top-down planning -
It refers to the method planning , where the goals are bifurcated and placed according to the hierarchy from top to bottom , is referred to as top - down planning .
As breaking and arranging the goals , make the process to accomplish the goals in a better manner .
The process require the movement from higher level to lower level , in a very orderly manner to hasten the process .
Hence , from the given scenario of the question ,
The correct answer is Top-down planning .
B. the subsidized federal loan /////////////////////
Answer:
Core components
Explanation:
In the product component model, the core component is the area concerned with what satisfies the needs and wants of customers.
If a company wishes to meet local differences in five foreign markets like un the question stated above, the core components contains what the customers in each of those five foreign markets are interested in.
The core components vary between markets. Market A, may like the color of the product in red and market B may like the color of the product in blue. So identifying these things and satisfying the needs of the customers would be done in the core component.