Answer:
one possibility is that you spent more on your assets, than your assets are making. In other words, some assets may have a low or negative net worth
Answer: The statement "A. Relevant information is complete, neutral, and free from error." is incorrect
Explanation: The generally accepted accounting principles are a set of rules and norms that serve as an accounting guide to formulate criteria related to the measurement of equity and to the information of the patrimonial and economic elements of an entity. While one of these 14 principles speaks of neutrality in none mentions that Relevant information is complete, neutral, and free from error
Answer:
C. Pay more than the minimum amount every month.
Explanation:
Because credit cards have very high interest rates, and the interest is compounded every day, it is recommended to pay more than the minimum amount every month, so that the total credit card bill is paid out more quickly.
What happens when you pay more than the minimum amount every month is that you are paying not only the interest and principal that is due, but you are also paying additional principal. This additional principal payment is what will reduce the amount that will need to be paid in the future.
Answer:
C, distributed product development
Explanation:
Distributed product development can simply be defined as the distribution of the different parts/components of a product to different firms. Distributed product development is usually done when the best of partners are being consulted over a product. Te other firms usually are the best in the production of the components of the product and as such might not be based in the home country of the product's parent company.
From the above question, it is seen that Donavan is speaking to different companies all of the world as regards his product's components. The companies are the best in what they do and he has to have each of them contribute their best ideas to his product.
Cheers.
