Answer: c. Agile
Explanation: The agile approach involves a technique for iterative and incremental development of software and it involves collaboration between teams. The team of programmers and software developers interacting directly with customers and developing samples based on their requirements, and adjusting those samples based on their feedback which results in lesser time spent on contract negotiation and documenting processes shows that Hutch Inc. is employing agile methods.
Answer:
(C) II, III only
Explanation:
I. the date the service was performed is on June 1st, Therefore revenue will be recoganized on June 1st.
II. Melly Corp received advance payment for raw material to be delivered to Drake Inc. in 6 month, Therefore revenue cannot be recognized on June 1st.
III. Lodo, LLC collected cash on June 1st for service rendered on May 1st. Therefore revenue will not be recoganized on june 1st
The revenue that cannot be recognized on June 1st for II and III case.
