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Sever21 [200]
3 years ago
5

Any arrangement in which the owner of a trademark, trade name, or copyright licenses another to use that trademark, trade name,

or copyright, under specified conditions or limitations, in the selling of goods and services is called__________.
Business
1 answer:
meriva3 years ago
7 0

Answer:

The correct answer is: Franchise.

Explanation:

A Franchise is a company in which one party -<em>the franchisee</em>- gains access to the proprietary information, procedures, and trademarks of an established business -<em>the franchisor</em>. A franchise provides the opportunity to own a company while avoiding many of the initial challenges. The franchisee purchases the right to sell a product or service under an established brand name, the customer already knows the brand, so there is no need for additional resources to launch the products.

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To respond to the structure of its industry, an organization should choose a __________.
Usimov [2.4K]
To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy
8 0
2 years ago
The separation of the ownership of the firm from the control of the firm leads to: ____________
murzikaleks [220]

Answer:

D. Equity financing

Explanation:

Hope this helps!

3 0
3 years ago
Humphries Construction Company builds warehouses that range in size from 12,000 to 100,000 square feet. Which of the following w
elixir [45]

Answer:

The Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.

Explanation:

For allocating the overhead cost to the warehouse. Following things need to be considered.

1. Square footage of the warehouses : Based on the square foot of the warehouse, the overhead cost can be easily allocated. As different warehouses have different square foot. So there would be different allocation criteria for each warehouse.

2. Labor Hours : According to the labor hours, the overhead expense can be allocated. In warehouse, the size of labor is matter. As more labors are available, the chances of more allocation expenses would be there and if there is less labors so the allocation expenses would be less.  

Depending upon the size of the labors, the allocation of overhead differs.

3. Direct material cost : The warehouse is required when more supplies of material is to be required. So here, direct material plays an very important role while allocating the overhead cost. Depending upon the quantity of  material, the overhead expenses differs.

4. Number of warehouses completed : As without knowing the size and capacity of the warehouses, it is difficult to allocate the overhead expense. Moreover, the same cost is been allocated which is not acceptable.

Hence, the Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.

7 0
2 years ago
The Food and Drug Administration (FDA) regulates the distribution of Gensol. The FDA is a federal executive agency. It has rules
boyakko [2]

Answer:

have received its powers through the delegation doctrine.

Explanation:

The delegation doctrine establishes that Congress has the power to delegate authority to federal administrative agencies (e.g. FDA) which enables them to create rules regulating certain specific activities, and to provide oversight regarding the specific activities that they regulate.

In order to create this federal agencies and to delegate them authority, Congress must pass enabling legislation by which the agency is created. This legislation must specify the agency's name, purpose, functions and the specific powers being delegated to them.

4 0
3 years ago
Vaughn Co. owns a machine that costs $48,000 with accumulated depreciation of $21,200. Vaughn exchanges the machine for a newer
Ghella [55]

Answer:

Requirement 1

Loss on Exchange $ 1,600 (debit)

New Model $58,000 (debit)

Accumulated Depreciation -Old Model $21,200 (debit)

Cost -Old Model $48,000 (credit)

Cash $32,800 (credit)

Requirement 2

Loss on Exchange 24,800 (debit)

New Model $26,800 (debit)

Accumulated Depreciation -Old Model $21,200 (debit)

Cost -Old Model $48,000 (credit)

Cash 24,800 (credit)

Explanation:

Note : the exchange lacks commercial substance.

IAS 16 gives an exception on the measurement of Cost of Acquired asset when the transaction lacks commercial substance.

The Acquired Asset will be Measured at Carrying Amount of Asset given up.Otherwise the Acquired Asset would be measured at Fair Value of Asset given up of Fair Value of Asset Acquired.

Carrying Amount of Asset Given up = Cost - Accumulated Depreciation

                                                            = $48,000 - $21,200

                                                            = $26,800

6 0
3 years ago
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