Explanation:
COPRA helps consumer very much in marketing work. ... Under this act people are very happy beause this act tell the people the right rate of the items, and all things which helps in consumer to protect them from high market price,fake prices of items,etc.
Answer: Code of accounts.
Explanation:
In project management, a code of accounts is a vital tool in managing any project because it makes it easier to differentiate numerous parts of a project without the need to remember terminologies or lengthy names.
A code of accounts is the unique numbering or lettering whereby letters or numbers are attached to each unique part of the project during the work breakdown structure (WBS) stage. The assigned numbers and letters should not be changed throughout the project's life cycle.
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
- Inventory and Cost of Goods
Inventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
Learn more here:
brainly.com/question/15015056
