Answer:
The correct answer is letter "B": precautionary motive.
Explanation:
A precautionary motive is a preventive act of carrying or saving extra money to successfully face an unexpected event. This may lead to people accruing funds in a bank savings account or purchasing securities or assets profitable enough to cover financial hardship.
<span>Divers from the salvage ship will try to _?_ the ocean floor where the confederate warship sank in 1863.</span>
Answer:
C) The goods are nonconforming because of the perfect tender rule.
Explanation:
Under UCC rules, the perfect tender rule applies to contracts where goods are sold, and it states that the seller must comply with the specifications that the buyer required. The perfect tender rule is used for products whose compliance with certain norms is important and vital, e.g. pharmaceutical drugs.
On the other hand, the substantial performance rule may apply to circumstances where the specifications are not that important, and a product close enough is considered sufficient. E.g. a contract for the sale of t-shirts that require a specific type of red might be satisfied by providing red t-shirts even if it wasn't the exact type of red.
Answer: Option C is true about Accruals basis
Explanation:
Cash basis states that transactions are only recognized when cash is received and paid. Some of the short comings of the cash basis was it didn’t regard the period in which transactions occured, etc
Accrual basis states that revenue is recognized when earned and expenses when incurred and not when cash is received or paid.
Option 1 is wrong because cash basis only records cash transactions.
Option 2 is wrong because Accruals basis is recognized by GAAP
Answer:
A) whether collaboration pays for itself.
Explanation:
Collaboration refers to a situation where two separate companies decide to leverage each other on an operational basis, in order for them to perform better together than they did separately.
The whole idea behind collaboration is to make more money by working together, therefore the collaboration should not only pay for itself but should also increase both companies' profits by boosting sales, engage in larger contracts, cut costs, etc.
If they are not going to win anything by working together, why should they do it?
