Answer:
C. Statute of limitations.
Explanation:
Statute of limitations are laws which states the time limit of when legal proceedings must be initiated between concerned parties from the date in which alleged offence was perpetrated.
In statue of limitations, the time limit for somebody is wronged to initiate legal action is not fixed in all jurisdiction. It means that depending on the nature of the alleged offense under statute of limitation, time allowed to institute legal actions varies.
Example of statue of limitation is that for certain states, the time limit to initiate legal case say on fraud is two years. It means that one must bring up the case in a court of law within the stipulated two years period. Once the two year grace elapse, one can no longer sue for fraud in the court of law.
Although there is no time limit for certain offence like murder case, sex offence with minor etc.
As in the case above, the judge threw away the case because according to the law of statute of limitation, a party that is wronged can only sue the wrong doer within the stipulated time as spelt out within the jurisdiction where the alleged offence was committed.
Answer:
Explanation:
Considering the listed options, the criteria used in conditional formatting are Less than, Equal to and Greater than
To make use of conditional formatting, follow the highlighted steps
1. Highlight cells that you want to format
2. Goto Home tab -> Styles -> then select Conditional Format
3. Select Highlight Cells Rules
4. Select the format type (this is where you get to pick either of greater than, equal to less than, etc.)
5. Enter the format value and how it is to be formatted
6. Press OK
Because the manufacturer is also the entity selling the good or service, prices tend to be lower in a direct distribution channel. Indirect channels, on the other hand, generally see higher prices because of the number of intermediaries involved. The more there are, the higher the price.
Answer:
119.4% for 2017 and 100.0% for 2016.
Explanation:
2017 2016
Net sales $276,200 $231,400
Cost of goods sold $151,900 $129,590
Operating expenses $55,240 $53,240
Net earnings $27,820 $19,820
since we are using 2016 as a base year, the $231,400 in net sales represent 100%, so the trend percentage for 2017 = net sales 2017 / net sales 2016 $276,200 / $231,400 = 1.1936 = 119.4% or a 19.4% increase.
The base year's amount will always be 100% or 1, and the trend percentages will change relative to that year.
Answer:
a. The division of activities into unit level, batch level, product sustaining level and facility level categories is commonly known as cost.
Explanation:
The managerial accounting is important for any service business. McDonalds have service business and they run on zero tolerance for disruption in consumer service. Management accounting enables to identify cost for product sustaining and batch producing.
