Answer:
The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company's products or services.
Answer:
Comparing the ending inventory balances of FIFO and LIFO, the ending inventory value under FIFO less the ending inventory balance under LIFO will result in a difference of $(400).
Explanation:
FIFO means First In, First Out. It is one of the methods for accounting for inventory. The FIFO method assumes that inventory bought first are the first to be sold or used in production, while those bought later remain proportionately to sales or production. This is considered a realistic method for most companies.
On the other hand, LIFO, which means Last In, First Out, is another costing method for inventory. This method assumes that goods bought last are the first to be sold or used in production, while those bought earlier remain proportionately to sales or production. This method is not considered to be realistic in real life for most companies.
In calculating the cost of goods sold for the period, these two methods produce different outcomes, depending on the purchase price per unit. Where the purchase price of inventory remain the same throughout a period, there will be no difference.
For example, if the unit price for inventory remains $40 from January 1 to December 31, then there will not a any noticeable difference between the two methods.
Answer:
C Plausible relationships among data may reasonably be expected to exist and continue in the absence of known conditions to the contrary.
Explanation:
Analytical procedures are defined as a set of practices during financial audit that assists the auditor asses potential risk, gain better understanding of a business, and give a framework for planning of future audits.
It shows relationship between financial and non financial data.
For example variability in relationships between financial and non financial data can result from factors like unusual events, business changes, random fluctuations, and misstatements.
So the basic underlying premise is that relationship among data will continue except conditions influence it to the contrary
Answer:
B
Explanation:
Rather than a leader using the situational approach in order to adapt their leadership style to meet the changing needs and development level of their followers, it is often times more beneficial for a leader to choose their behaviors and leadership style based on the characteristics of their followers and the work setting (North Ouse, 2016, p.93). The path-goal theory is a contingency theory that allows leaders to choose a leadership style that will motivate their followers to reach their goals, and help them steer clear of any obstacles they may come across in the process (Pennsylvania State University, 2019).
A.limited supply hope that helps