Which of the following must be true in order for materials to be classified as direct materials? a.They must be an integral part
of the finished product and be a significant portion of the total product cost. b.They must be an integral part of the finished product, but can be an insignificant portion of the total product cost. c.They must be introduced into the process in both work in process inventories and finished goods inventories. d.They must be classified as both prime costs and conversion costs.
Failure of credit customers to pay their bills is considered a bad debt in Accounting. This is recored as a bad debt expense in journal entries in the <em>period when the credit sale occurred</em>. This ensures that these bad debt expense matches the revenues earned during that period. In a company's financial statements, bad debt expense is recorded in the Income statement as <em>selling expenses.</em>
insurances customers don't have a complicated need they want to be able to choose from a good selection of policies at a responsible prices they want clear transparent information and their wants more than hassle-free interactions
