Answer:
a) gross impressions
Explanation:
First of all, impressions are the times an individual member of an audience is exposed to a certain advertisement.
Gross impressions refer to the total amount of times a group of individuals (or households) that are exposed to a certain advertisement during a given media schedule or program.
A single individual might be exposed several times to the same advertisement, therefore the number of gross impressions may exceed the total audience of the media.
Gross rating points measure the audience of a media while gross impressions measure the number of times the audience is exposed to a certain advertisement.
Answer:
d. $1,200 in 2017, if Office Palace is an accrual basis taxpayer
Explanation:
The unearned income, such as rent is generally taxed in the year in which it was received regardless of the accounting method the tax payer uses and her Office Palace, Inc. received rent for first and last month of $ 600 each on December 27,2017 so it need to recognised as lease income for the year 2017 .
Answer:
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation and all efforts is channeled in the right direction rather than the symptoms.
2. Gathering of information: this helps to consider the options available in solving a problem effectively.
3. Consider your options: this helps to compare the available and viable solutions to the problem.
4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.
Hence, the fundamental steps of the problem solving process in the correct order are;
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Entrepreneurs are people who assume the risk of business ownership
