<span>a. True
An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.</span>
Answer:
a.
Explanation:
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Answer: Normal good
Explanation:
A normal good is a good that has a positive correlation between its income and demand. This means that for a normal good, an increase in income will lead to an increase in the demand for the good while a reduction in income will also lead to a reduction in the demand for the good.
Cassandra bought 16 clothes when her income was $40000 but when her income reduced to $35000, she bought less of the good. That means that the cotton blouses bought by Cassandra are normal good.
This brand is using the user category approach to
positioning.
To add, this positioning approach highlights the user (the
ideal or representative target consumer) and suggests that the product is the
ideal solution for that type of person and may even contribute to their social
self-identity.
Answer:
C. Fixed Factory Overhead Per Unit
Explanation:
Variable costing and marginal costing income statements mainly differ because of treatment of fixed factory overhead.
Inventory costs under variable costing include only direct material, director labor and variable factory overhead.
Whereas in absorption costing, fixed factory overhead also become part of product cost in addition to direct material, direct labor and variable factory overhead.