Answer:
B. July 31
Explanation:
Revenue recognition principle assumes that revenues are recognized when they are realized or relizable and are earned, in respective of when payments are received.
It states that one should only record revenue when it has been earned, not when the related work payments is collected. Also, money paid in advance for a work should be recorded as a liability not revenue.
Since Live Wire services uses revenue recognition principles, then the day they'd record it as revenue is thesame day the job was done and completed which was July 31st.
Answer:
Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.
Explanation:
Answer:
Explanation:
This could be due a number of factors.
1 Externality effect
2 There could also be market failure, when property rights are not properly defined.
Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.
Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.
The two vital ongoing activities necessary for creating boundaryless organisations are TYPE OF STRUCTURE, MECHANISMS, PROCESSES AND TECHNIQUES FOR ENHANCING PERMEABILITY.
A bourndaryless organisation is a concept in organization design. A boundaryless organisation refers to an organisation which is not define by or limited to the vertical, horizontal and the external boundaries which are imposed by pre defined structures.<span />
