Answer:
The correct answer is B
Explanation:
As the restaurant is sued as the customer claims that the customer found the bug in chili. The lawyers of the company believe that it is the remote possibility, that the lawsuit consequence into an actual liability.
The action which is to be taken by the management of the company is that the possible liability need to be ignored as it is the remote possibility, so, no actions required.
Answer: By selecting one of four possible inventory costing methods
Explanation : In simple words, inventory costing methods refers to the different ways and rules that are applicable as per the accounting standards to record the information regarding inventory.
The inventory costing methods available are FIFO, LIFO, Weighted average, special identification.
Hence frOm the above we can conclude that the correct statement is B.
Commercial paper should be sold on a discount
To reduce the size of your car payments, many experts recommend making a down payment of at least <u>20%</u> percent.
Most experts argue that 20% is a pretty large payment but over time it will make your car payments much smaller
Answer:
• obtaining a business license
Explanation:
A sole proprietorship is owned and managed by a single person. The owner is responsible for making all the big decisions regarding the business. The owner, also known as the sole proprietor, does not share profits and losses from the business with any other person.
A sole proprietorship is popular due to its ease of establishment and running. The owner only requires to register the business with the local authorities to begin operations. A sole proprietor has the option of picking a name for the business or operating it under their own. A sole proprietorship is treated as one entity with its owner in matters of taxation and liabilities.