Answer:
TRUE
Explanation:
According to the revenue recognition it will follow an accrual basis. It record the revenue as earned as the services were perform during the current accounting period.
It will recognize revenue for 400 as it was the amount the parties agree upon.
The common fee's of Smart Touch uhsually are irrelevant.
Stock-rises and falls with market
youth-schools often sponsor it
NOT SURE ABOUT THESE LAST 2
Credit Union account-members own it
online-minimal overhead = high interest rate
Answer: Social media allows companies to have a short-term focus.
Explanation:
Social Media has made the world way more connected than it was before even with the advent of the Internet. As such, companies were able to leverage on this to improve their brand and popularity by being present on the various social media platforms.
With social media, companies have been able to marketers to establish a public voice and presence online, cost-effectively reinforce other communication activities, build online forums and communities as well as remain relevant in a fast changing world.
Companies having a short term focus as a result of social media <em>is not a benefit</em> of social media. A company should always think long term and even social media can help them achieve long term growth if long term marketing plans are integrated with social media marketing.
Answer: b.segregation of duties
Explanation:
Segregation of duties as an internal control ensures that there are multiple people doing activities that if left to one person can leave the company at the risk of fraudulent activity. It also helps to reduce the incidence of errors in reporting because more than one person will be cross-checking transactions.
There should be more segregation of duties in this small-town retail store. For instance, the sales clerk should not be responsible for both the counting and comparison to the cash register tape because they could have omitted sales from the machine and then simply taken the money from the cash when counting. A different person should count the cash to see if it tallies with the cash register tape.
I do online college if that counts and on campus.
