Answer:
Jackson Ltd
Software Development ($50,000) and Purchase ($100,000):
The accounting treatment consistent with the framework is to:
a. Recognise an asset of $100 000 and expense of $50 000.
Explanation:
The development cost of the Software which is abandoned cannot be capitalized. Software development cost can only be capitalized after testing for usability. Otherwise, Software development costs are expensed as they are incurred. On the other hand, the purchased Software can be recognized as a long-term asset, Plant, Property, and Equipment as it will be in use for more than 2 years.
The sellers and the buyer are
engaging in a positional negotiation.
<span>A positional bargaining
is a strategy in negotiating which involves insisting a fixed price and not
bending it to the other. Both negotiators will argue for what they want and not
anything else (in this case: the price), without considering the motives of
both parties.</span>
A long one with numbers, lowercased letters, and uppercased letters
(:
Answer:
The correct answer to fill in the spaces is: remedies, law, equity
Explanation:
The effects of the breach constitute objectified mechanisms of protection of the interest of the creditor, whose functionality fundamentally depends on the fact of the breach of the contract. These mechanisms are called remedies and correspond to the rights or actions available to the creditor in case of default for the realization of their interest. In the Common Law, the term general remedies is defined as those means by which a right is executed or its violation is avoided, compensated or compensated. And, in particular, remedies for noncompliance are those rights or powers conferred by law or contract to the party affected by the breach, the exercise of which depends on the breach of the other contracting party and the concurrence of its specific factual assumption.
Follow best practices and keep a sense of humor follow best practices and keep a sense of humor. Project management entails the planning and organizing of a company's resources in order to complete a certain work, event, or duty. It can be a one-time project or a continuous effort, with resources such as staff, funds, technology, and intellectual property controlled.
In other words, the goal of project management is to plan and manage a project practices so that its stated goals and deliverables are met. It entails detecting and controlling risks, as well as cautious resource management, prudent budgeting, and good communication across numerous teams and stakeholders.
To learn more about project management, click here.
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