For the answer to the question above, there are 3 possible answers to this question. Business is a specific set of b. Events are the things <span>that take place in the course of normal operation</span>.
C. results for the business to continually strive. They must know the results if they have loss or gain.
Lastly d. Transactions. It's either transaction internally or externally. This is needed in order for the business to run.
The answer to the above question is - Collecting Requirements.
Collecting requirements helps in clearly defining and providing information on the features and the function of the products products and the processes used for manufacturing or creating them.
Answer:
virtual organization
Explanation:
A virtual organization is a type of organization that has employees situated in several geographical locations, either on a temporary or permanent basis, who carry out its several production functions, and are usually dependent on electronic means of communication and executing production. A virtual organization really do not have any real formal structure. One of the major advantages of such organization is that it is cost saving.
Farah’s company is an example of a virtual organization.
Answer: The average collection period of the receivables in terms of days was 73 days.
Explanation:
Given that,
Accounts Receivable at the beginning of the year = $390,000
Accounts Receivable at the end of the year = $410,000
Net credit sales during the year = $2,000,000
Average collection period of the receivables in terms of days:
Average accounts receivables = 
= 4,00,000
Net credit sales = 
= 5
∴ Accounts receivable days = 
= 73 days
The average collection period of the receivables in terms of days was 73 days.
Answer:
$14,300
Explanation:
Based on the information given we were told that the management of the company estimated that the amount in the uncollectible accounts will be the amount of $14,300 which means that the amount of $14,300 will be the balance of the Allowance for Bad Debts that should be reported on the company balance sheet.
