Departmental income can be considered the contribution of revenues to profits because it is computed after deducting the direct costs of providing the service or product. Subtracting all of the undistributed operating expenses from total revenues results in gross operating profit per available room (GOPPAR).
Answer:
II Clara is using competitive parity budgeting methods
IV Clara is using objective and task budgeting
Explanation:
Share of voice basically measures your brand's share of total advertising in a market. It is very useful to determine your brand's visibility and helps to develop you company's external competitive analysis. It differs from market share since market share represents the actual share of total market sales that your company has.
In this case, Clara is adjusting her marketing budget to reach the appropriate share of voice for Wizard air freshener. She needs to compare the product's current share of voice with the competition's and the projected marketing expenses for next year.
A high share of voice doesn't necessarily match a high market share, although it helps to increase it.
Answer:
Low conflict and high salience
Explanation:
Placing an issue on the list of public agenda does not occur overnight. The issue that is to be placed on public agenda needs to meet some certain criteria.
First among these criteria is that it must be an issue with a low amount of conflict. What this means is that if there are no oppositions to a certain issue and there is generally a reasonable amount of agreement between the parties involved, then we can confidently agree that the particular issue can be placed on public agenda.
Secondly, the issue to be placed on public agenda must have high salience. What do we mean by this? This means the particular issue must be prominent or important enough to be discussed. If the issue on ground is not prominent, than it cannot be presented on the list of agenda.
Prox Inc. is a U.S.-based manufacturer of consumer electronics. It decides to export to Mexico and wants to protect its goods against damage, loss, and pilferage. The document which is applicable here is an A. <u>insurance certificate.</u>
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Explanation:
- A certificate of insurance is a document used to provide information on specific insurance coverage.
- The certificate provides verification of the insurance and usually contains information on types and limits of coverage, insurance company, policy number, named insured, and the policies' effective periods
- Certificate of Insurance is a summary document usually issued by an agent on behalf of an insurer that says a policy has been issued to an insured for a general type of risk.
- The Certificate is usually issued to a third party who wants some evidence or assurance that a policy has been issued.
- A certificate of insurance is requested when liability and large losses are a concern.
- Most commercial leases require the tenant to provide certificates of insurance or other evidence of insurance. Certificates of insurance are typically issued by an agent or broker for the named insured and set forth the coverages written for the insured
Answer:
b) Debit Sales Returns and Allowances $2,300 and credit Accounts Receivable $2,300 in the general journal.
Explanation:
When goods were sold on account, Accounts receivables is debited, and Sales is credited. When goods are returned, Sales Return & Allowances is debited, and Accounts receivables is credited.
Thus, the entry will include Debit in Sales Returns and Allowances $2,300 and Credit in Accounts Receivable $2,300
