Answer:
C. Level 3
Explanation:
Due to the fact that the asset is a young, privately held start up company, it is illiquid( which is the process whereby assets cannot be easily sold or exchange for cash without substantial loss) and thus belongs to the level 3 categorization of level of assets or inputs.
Level 3 inputs are inputs that are very difficult to value and are considered illiquid. It is very difficult to determine their fair value when compared with level 1 and level 2 assets or inputs. They are not traded frequently and readily. Level 3 inputs are usually the least preferred inputs because of their illiquidity.
Answer:
$30 per unit
Explanation:
Predetermined overhead rate for the year is computed as;
= Estimated manufacturing overhead / Estimated units to be produced
Given that;
Estimated manufacturing overhead = $360,000
Estimated units to be produced = 12,000 units
Predetermined overhead rate = $360,000/12,000 = $30 per unit
Answer: The correct answer is choice b.
Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.
Answer:
Internet governance is defined as 'the development and application by governments, the private sector, and civil society, in their respective roles, of shared principles, norms, rules, decision-making procedures, and programs that shape the evolution and use of the Internet'
Hope it helps! ^-^
Enterprise, it's called an enterprise