Explanation: All economist tend to access life and challenges by taking a critical look at the risks involved and possible ways of solving the challenges.
An example could be seen when setting up a business, the typical economist would analyse the risk associated with the business and possibility of the business failing or succeeding.
In this method, the transaction reporting will be performed on an accrual basis which means whether or not the payment is paid but it is reported in the account books.
Once the expenditure is incurred or the revenues is earned the same is to be recorded in the books of accounts whether cash paid or not and in case of revenues whether cash received or not
In the given case, the Canon corporation sells on October 15 so it would be recorded on October itself .
Therefore, no revenue would be recognized on the month of November
The answer is C.
Purose full behavior states that people make decisions with a desired outcome in mind, taking all the losses and benefits into consideration.
