Answer:
(C) II, III only
Explanation:
I. the date the service was performed is on June 1st, Therefore revenue will be recoganized on June 1st.
II. Melly Corp received advance payment for raw material to be delivered to Drake Inc. in 6 month, Therefore revenue cannot be recognized on June 1st.
III. Lodo, LLC collected cash on June 1st for service rendered on May 1st. Therefore revenue will not be recoganized on june 1st
The revenue that cannot be recognized on June 1st for II and III case.
Marketing manager analyze the demand regarding the product as well as the trend.
Explanation:
Marketing manager has to perform various responsibilities, they are as follows-
<u>Coordinates and advises various business activity</u>
A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales as well as purchase
<u>Identifying market potentials</u>
A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .
<u>Launch attractive product</u>
A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.
<u>Create a good market plan</u>
A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.
Answer:
Financial accounting is more highly regulated than managerial accounting.
Explanation:
Financial accounting is highly regulated and follows laid down principles that must be followed. International Financial Reporting Standard (IFRS) and Generally Accepted Accounting Principles (GAAP) are two examples of regulatory guidelines for financial accounting.
On the other hand managerial accounting is flexible and tailored to the manager's needs.
It must not follow the strict guidelines of financial accounting. This is because managerial accounting is used internally by a company and is not subject to public scrutiny.
Answer:
3rd stage or Norming stage of group development.
Explanation:
3rd stage or Norming stage of group development.
In this stage responsibilities among group member is divided on the basis of their skills. During this stage members start to cooperate with other co members. A bonding among the members is start to developed which result in understanding each other contribution and identity. The main advantage of this understanding is that conflicts and misunderstanding issues has been resolved at faster rate.
The nation with the largest percentage of publicly held land is United state of America. These lands are usually set aside for different purposes such as parks, refuge camps, forests, historical places, etc.
