Answer:
C) competitive <u>analysis</u>
Explanation:
A competitive analysis is a business plan part which reflects on the key competitors of our business (their key characteristics which are relevant for our business plan or product in general).
In this example, Robert would bring out the key characteristics of the construction industry (industry trends, industry segments etc.) and list out the relevant competitors and their potential <em>competitive advantage</em>. If Robert's company is a construction business specialized in skyscraper building in LA, he would list construction companies specialized in high-rise building located in California.
With the aid of a proper competitive analysis, Robert will be able to point out the business areas where it is possible to surpass our competitors. For example, when Robert decomposes the product features of the ABC competitor company - materials used, project cost, project length, skyscraper portfolio, only then he is able to see what specific area in his company needs improvement.
On the other hand, an <em>executive summary</em> is a short description of our business goals, key financial indicators, strategies and forecast. It possesses summarized key information, similar to a pitch.
Answer:
I think the answer is a sketched floor plan
i think profession
Explanation:
so it can be right also wrong also
Answer:
1. When searching for unrecorded liabilities, the auditors consider transactions recorded <u>after</u> year end.
<em>Auditors consider transactions recorded after year end to determine if it was supposed to be recorded in the current period. </em>
2. Accounts payable <u>confirmation</u> can be mailed to vendors from whom substantial purchases have been made.
<em>As a way to keep a document trail, creditors from whom substantial goods were bought from can be mailed a confirmation. </em>
3. To gain overall assurance as to the reasonableness of accounts payable, the auditor may consider <u>ratios</u>.
<em>Ratios such as the Payables turnover can be used to evaluate the reasonableness of Accounts payable. </em>
4. When auditors find unrecorded liabilities, before adjusting they must consider <u>materiality</u>.
<em>
They must consider if the adjustment is material or significant enough to record. </em>
5 Auditiors need to consider <u>shipping terms</u> terms for determining ownership and whether a liability should be recorded.
<em>Shipping terms need to be considered because they can tell who owns goods in transit and therefore if a liability is needed for them. Shipping terms such as FOB Shipping point mean that the business incurs the liability as soon as the seller ships the goods. </em>
