The CEO John Stumpf and the former retail banking head were some of the primary decision makers that led to the illegal sales activities.
Sales are sports related to promoting or the number of products offered in a given targeted term. The transport of a provider for a price is likewise taken into consideration a sale. A sale is a transaction between two or more events in which items or services are exchanged for cash or different property. within the financial markets, a sale is an settlement between a customer and vendor regarding the rate of a protection and its transport for agreed-upon reimbursement. In fashionable commercial enterprise operations, income confer with any transactions where money or value is exchanged for the ownership of a good or entitlement to a service. In an accounting context, income refers to a corporation's sales earned from the sales of services or products (net sales).
Learn more about sales here:brainly.com/question/25743891
#SPJ1
Answer:
c. It is used to record costs of selling activities.
Explanation:
Cost Accounting Provides the cost of all the activities involved in the selling activities like production cost and all operational costs. It Measure and reports all the of all costing units. It also assesses cost structure of every the organization. It is not associated with any any particular type of Inventory costing system, It deals with all accounting systems.
Allison Corporation acquired all of the outstanding voting stock of Mathias, Inc., on January 1, 2017, in exchange for $6,059,500 in cash. Allison intends to maintain Mathias as a wholly owned subsidiary. Both companies have December 31 fiscal year-ends. At the acquisition date, Mathias’s stockholders’ equity was $2,045,000 including retained earnings of $1,545,000
Answer: misconception
Explanation:
A misconception is simply a misunderstanding, a mistaken thought or idea. Misconception is an opinion or a view by s person which is incorrect based on the faulty thinking of the person.
For example, Jane will finish high school the following year and therefore, won't need to further her education. This is an example of misconception.
Answer:
A) Competing firms working together to fix prices and output.
B) Collusion.
C) Illegal
Explanation:
A cartel is when a group of competing producers of a good collude together for their own economic good and benefits. They generally form oligopolistic market structures with coordination and thus can take decision on restricting production of a articular good and influencing prices for their own good.
A collusion thus helps a hand full of companies to dominate the market of a particular product that they all produce. They can even form artificial barriers to entry for new firms as they control all or most of the relevant market forces.
In USA cartels are illegal as per the provision of anti-trust laws.
Hope that helps.
