Answer: based on production
Explanation:
I think the phase that served that purpose would be: <span>the Support and Security Phase
support and security phase is important because customers who unfamiliar with the products tend to face some difficulties in the beginning of their interaction with the production which prevents them to experiencing the maximum value of the product.</span>
Answer:
B.
Explanation:
Based on the information given that a large portion of sales occur at the last month of the year, a key audit concern or risk would be the revenue or sales cutoff. This concern is on the recognition of revenue in the appropriate period as most of the sales are recorded in the last month of the year. The risk exist that such sales are recognized to meet up with the yearly sales target of the organization. The performance of analytical procedure would not be effective as the results (trend) over the past 5 years have been similar. A test of internal controls at an interim date may also not be effective as there may be multiple level connivance to ensure that sales target are met. Also, the review of period end compensation of bonuses paid may not address the identified risk as such option B which deals with revenue recognition is the most appropriate option.
Answer:
a. the decision to engage in one activity means forgoing some other activity.
Explanation:
Opportunity cost is the cost incurred when an economic agent forgoes some other activities to engage in one activity.
Economic agents have to make choices because wants are unlimited and resources are limited.
Opportunity cost is also known as economic cost.
An example of opportunity cost : Assume a doctor leaves his job where he earns $500,000 per annum to start his own business where his accounting profit is $700,000. His Opportunity cost is $500,000.
I hope my answer helps you.
The answer is the still plate, so C.
