Answer:
The goal of the bank reconciliation process is to find out if there are any differences between the two cash balances. ... A monthly reconciliation helps to catch and identify any unusual transactions that might be caused by fraud or accounting errors, especially if your business uses more than one bank account.
Answer:
The answer is B.
Explanation:
In purely competitive firms, there are many buyers and sellers that no single buyer or seller can influence the price of goods. They accept the price set by the market conditions which depend on the market supply and demand. Firms in this market are price-takers.
In monopolistic firm, no one is competing against him. He is the only one in the industry. He is the only seller while buyers are many. In most cases, buyers do not have alternative than to buy the product. Because of this, the firm in monopoly sets its price. He is a price-maker.
- A franchise allows owners to be their own boss however they must still follow the rules and regulations and procedures of the franchise. In most franchises the owner must pay a large sum of money to buy into the franchise and share profits or pay royalties to the franchisor based on sales, not profits.
- In a partnership, two or more people pool their money and credit to start the business.
Answer:
OEM
Explanation:
Of all these three, the OEM is the least risky. And also it is the safest approach. It has the ability to decrease the cost of production. The purchasing company would be able to get whatever is needed without needed a factory or running one.
OBM engaged in manufacturing, designing and Branding products.
ODM engages in both designs and manufacturing
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
In this question, it is asked about to select one project among two given project based on the evaluation criteria. These evaluation criteria include:
- Proven technology
- Ease of transition
- Projected cost saving
Based on my analysis, I will select the project cairso because It has high transition and high projected cost saving.
The analysis of these project is shown in attached picture with this solution.
