Question

Katie is looking over some of the product histories for the company. She has noticed that many more products have been rendered obsolete when compared to products 10 years ago. What impact does this have on companies?A It makes it easier for the company to define the appropriate time period.B It makes it easier to track the liabilities for the company.C It makes it more difficult for the company to define an appropriate time period.D It makes it easier to determine the net income for the company.

Answer 1

Answer:C. It makes it more difficult for the company to define an appropriate time period.

Explanation: Obsolete Items or products are products are no longer useful or relevant,it can be used to describe a product whose Quality has adversely depleted making it not useful.

With the information,since the products are fast becoming Obsolete than when compared to 10years ago,it makes it more difficult to determine or arrive at the appropriate time period for the company to keep the product before it becomes obsolete.