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Alexxandr [17]
3 years ago
15

This revenue model provides professional services on a time and materials contract. a. utility and usage revenue model b. franch

ising revenue model c. contractor revenue model d. professional revenue mode
Business
2 answers:
stellarik [79]3 years ago
7 0

Answer:

a. utility and usage revenue model

Explanation:

valina [46]3 years ago
7 0

Answer:

d. professional revenue model

Explanation:

Revenue consists of the total amount of money received by a company for goods sold or the service provided during a certain period of time. There fore, revenue models are part of business models.

A professional revenue model is the framework an organization or a company used in generating revenue. Professional revenue model identifies the revenue source a company will pursue, what value to offer,how to price of the value, and who pays for the value. It simply identifies which product or service to be created in order to generate revenues and the mamer and ways that the product or service will be sold.

In time and materials contract(T&M), parties agrees to unit rates that have been predetermined by both parties in advance. It presupposes billing a client for an actual work scope based on agreement for a particular time especially based on hourly rates of labor. Customers are charged for the amount of hours spent on a specific project, plus on the costs of materials.

So the professional revenue model provides professional services on a time and materials contract .

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Outsourcing some production is a means of supporting a constraint. Group of answer choices TRUE FALSE
lesya692 [45]

It is a false statement that outsourcing some process in production is a means of supporting a constraint.

<h3>What is an outsourcing?</h3>

An outsourcing refers to act of hiring external body to perform services that are normally performed in-house of the company by the employees.

Rather, the use of outsourcing some of production is intended to overcome some organization constraints.

Therefore, the statement is false.

Read more about outsourcing

<em>brainly.com/question/4456416</em>

3 0
2 years ago
True or false: When units produced are less than units sold, net income under absorption costing will be less than net income co
Oliga [24]

Answer:

True

Explanation:

Generally, net income will be the same under absorption costing and variable costing. However, producing fewer units than units sold will decrease the net income under absorption costing. As whatever the variable cost is under the absorption method, fixed manufacturing overhead remains the same that decreases the gross profit and net income. Under the variable costing, the fixed overhead will be calculated as per the units produced. Therefore, the net income will decrease proportionately.

6 0
3 years ago
Software designed for real estate agents is an example of ________ software. project management vertical market general business
leva [86]
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8 0
3 years ago
Land was acquired in 2018 for a future building site at a cost of $40,000.
maw [93]

Answer:

(A) $40,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be recorded at purchase cost or historical price

Since in the question, the land was purchased at $40,000. Moreover, for the tax purpose, the land is valued at $27,000 and the qualified appraiser appraise the value at $48,000. The cash payment is also offered for $46,000

But at the time of recording or reported, the balance sheet would show at the purchase price i.e $40,000

3 0
3 years ago
A key determinant of the price elasticity of supply is the
alina1380 [7]

Answer:

The ability of sellers to change the amount of the good they produce.

Explanation:

Price elasticity of supply: It is an economic measure to check the responsiveness of quantity supplied to the change of price. As per the law of supply, the supply of quantity increases with the increase in the price of goods and services and vice versa. The numerical value of elasticity indicates how is the response of quantity supplied to the price of the product. As zero indicates no response to the change in price and 1 indicate a higher response to the price of the product.

The key determinant of the price elasticity of supply is how well the seller is able to change the quantity supplied as per the price in the market.

8 0
3 years ago
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