Vanilla approach to ERP implementation is when one change business processes in order to implement SAP.
<h3>What is Vanilla ERP implementation?</h3>
Vanilla ERP implementation serves as the implementation of standard software modules for core business processes.
This usually help toprovide breadth of integration and depth of functionality across the business.
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Answer:
2015 - $24,000
2016 - $0
Explanation:
The computation of profit for each year is shown below:
For 2015:
The profit = Service revenue - expenses incurred
= $72,000 - $48,000
= $24,000
For 2016:
There is no transaction to record under the accrual basis of accounting. So, the profit is zero
As in accrual basis of accounting, whether cash is received or not the transaction should be reported in the books of accounts
Answer:
FV= $8,913.91
Explanation:
Giving the following information:
Annual interest rate= 0.8% interest compounded monthly
Initial investment= $4,000
Number of periods= 10*12= 120
<u>First, we need to calculate the monthly interest rate:</u>
<u></u>
i= 0.08/12= 0.0067
<u>Now, using the following formula, we can calculate the future value.</u>
FV= PV*(1+i)^n
FV= 4,000*(1.0067^120)
FV= $8,913.91
Answer: B. Restricted Fund Balance
Explanation:
A Restricted Fund is created when the source of the funds sets certain stipulations for the use of the money which in this case is that the monies should be used for the maintenance of the cemetery. The monies will therefore be restricted to that use alone.
The Unspent Investment Earnings will be reinvested in the Permanent fund at the end of the year. The Permanent Fund is a Restricted fund account therefore the Unspent earnings will be classified as a Restricted fund balance as well.
Advertising, personal selling, sales promotion, and public relations are components of the promotion mix.
The definition of advertising is the business or practice of making something known to the public, usually through some form of paid media. An example of advertising is a company that specializes in designing and executing newspaper advertisements for other companies products.
Definition: Advertising is a means of communicating with users of a product or service. Advertising is defined by the British Advertising Council as a message intended to inform or influence the recipient for a fee paid by the sender. Ads are made to get people to do something.
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