Answer:
Option D amount received by sellers minus the cost to sellers.
Explanation:
The producer surplus is the difference between the amount that the seller actually received and the amount the seller wants to receive.
Producer Surplus = Amount actually received by the seller - Amount the supplier wants to receive
All the remaining options discusses buyer influence which shows that these are totally incorrect and the only option that is correct is option D.
The Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.
<h3>
What are sanctions?</h3>
- Economic sanctions are financial and commercial penalties imposed by one or more nations against a particular self-governing state, group, or person.
- Economic sanctions may be used for a number of political, military, and social reasons in addition to difficult economic conditions.
<h3> What is The Public Company Accounting Oversight Board (PCAOB)?</h3>
- The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, to supervise the audits of public companies and other issuers in order to safeguard investor interests and advance the public interest in the creation of informative, accurate, and independent audit reports.
- In order to protect investors, the PCAOB also controls the audits of broker-dealers, including compliance reports submitted in accordance with federal securities laws.
- The U.S. Securities and Exchange Commission must approve all PCAOB regulations and standards (SEC).
Therefore, the Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.
Know more about nonprofit organizations here:
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Answer:
The correct answer is option B
B) Ticketing and marking.
Explanation:
Isolating or classifying products and putting labels on them and price tags is ticketing and marking. Example is in the shopping mall where there are different sections and types of products ranging from beverages to detergents with their respective price in them.
Answer:
finding new users
Explanation:
Market modification refers to the mechanism whereby the companies try and increase the product life cycle by extending the same product to more users than before.
Market modification strategy may be carried out by increasing the usage i.e quantity of current product by the existing users, or by adding new users to the same product by making it suitable for more customers or by altering the product quality and it's packaging.
In the given case, the product which was initially targeted at men, providing solution to the problem of hair loss, was later marketed to women too. So in this case, the company basically specified i.e informed the customers that it is not specific to a particular gender as the problem is common to all and anybody who seeks remedy to the problem, can use the product.
Thereby, the company found new users in the form of women, to whom such products can be extended and sold.
Answer:
E. Debit Cost of Goods Sold $839,300; credit Finished Goods Inventory $839,300.
Explanation:
The journal entry is as follows
Cost of goods sold Dr $839,300
To Finished goods inventory $839,300
(Being the cost of goods sold is recorded)
The computation is shown below:
= Beginning balance of finished goods inventory + transferred of goods completed - ending balance of finished goods inventory
= $160,500 + $837,000 - $158,200
= $839,300
