The answer is: 1. the merchandise was ordered by the company
The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.
In comparing money to a share of Microsoft stock held by an individual, we can say, only the money is a means of payment, but both are stores of value.
In order to serve as a medium of exchange, money is very widely accepted as a method of payment. When comparing money to a share of Microsoft stock which is held by an individual, it can be said that money is a means of payment, but here the stock and money both are stores of value.
As a store of value, money is not unique as there are many other stores of value exist, such as stocks, land, works of art etc. Money may not even be the best store of value because it depreciates with inflation.
Hence, money is a means of payment, but together with money, stocks can also be stores of value.
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Answer:
These teams are both cross functional and project teams.
Explanation:
Cross functional team comprises of group of people who have different functional expertise and come from various aspects of organization.
These people come from different departments of the organization and work for a common goal.
Organizations often form cross-functional team for a short period for specific projects.
Here, this team is formed for the project of product launch so it is an example of cross functional project team.
Answer: That class ain't for you vro.
Explanation:
Answer:
a. sunk costs.
Explanation:
Sunk cost is the amount which is already invested or incurred before any project is initiated. This cost is permanently lost and cannot be recovered. The business managers avoid incorporating sunk cost in decision making process.
The correct answer is sunk cost because it doesn't complicate capital investment analysis. These costs are not considered when making business decisions or analysis of capital investments.
