Answer:
B) Income from subsidiary is recognized from date of acquisition to year-end.
Explanation:
When an individual or a company purchase another business, they are responsible for all the gains and losses generated by that business starting from the exact moment that the sales transaction has been completed. E.g. if I buy a business on January 20, at 10 AM, I am completely responsible for the things that happen in the company after 10 AM.
Answer: Analogy
Explanation:
The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.
This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.
Answer:
The correct answer is letter "A": Operational control.
Explanation:
Operational control comprises the steps companies take to determine how the firm will conduct its operations. Operational control is the handbook for operations managers where the procedure for each activity in the company is explained in detail so, in front of malpractices, managers will have a clear idea on how to make assessments.
Answer:
#It brings peace in the society.
#It increases the growth/development of a society.
#It enables civilians of a society to express themselves.
Correct question read;
"This statement takes __________and subtracts_________ to determine an individual's or a family's cash surplus or deficit situation.
Answer:
<u><em>note of income; the expenses</em></u>
Explanation:
<em>Remember</em>, the income and expense statement as the name implies is a financial statement that <em>takes note of all incomes into a financial account and then subtracting identified expenses from the income </em>to determine if there was a loss or profit.
By following this method, one ultimately would be able to answer the question, "Where does all my money go?".
