Answer:
Control
Explanation:
Control in management as well as organization is very essential, it is very crucial for organization to achieve their goals. Control helps in the area of taking corrective measures whenever the needs arrises. It involves using technical as well as physical method in regulation of activities within an organization which will later reduces risk. It should be noted that control is
used to describe a technical, physical, or administrative process designed to reduce risk.
Answer:
$1,000,000
Explanation:
The Amount to be reported as lease liability must <em>depict </em>the present value of future cash outflows required to be paid as the entity enjoys its <em>right to use the asset</em>.
Thus, the present value of the minimum lease payments at lease inception was $1,000,000 represents the amount of lease liability.
Answer:
$9,996
Explanation:
The bond is issued on discount when the issuance price is lower than the face value of the bond. The discount on the bond will be expensed over the bond period until maturity.
Discount on Bond = Face value - Issuance value = $98,000 - $96,040 = $1,960
Interest Expense includes the interest payment and the discount amortization.
Discount amortization = Discount value / Life of the bond = $1,960 / 10 = 196 per year = $98 semiannually
Interest Payment = $98,000 x 10% = $9,800 annually = $4,900 semiannually
Interest Expense = ( 4,900 + 98 ) x 2 = $9,996
Answer:
Consumer behaviour is the study of individuals, groups, or organizations and all the activities associated with the purchase, use and disposal of goods and services, and how the consumer's emotions, attitudes and preferences affect buying behaviour
