Answer:
b. Companies are benefiting from e-commerce by buying and selling their products and services to consumers online.
Explanation:
This is the example that shows the pure application of IT in business. E-commerce platforms are something every business that has an online presence has in common. Although businesses can differ by industry or niche, e-commerce is a common information technology trend.
The A. answer may indicate that it is IT related, but it is actually more related to globalization and outsourcing.
Major's best course of action at this time would be to contact the Better Business Bureau.
<h3>What is money-back guarantees?</h3>
- A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that a buyer will receive a refund if he or she is dissatisfied with a product or service.
- Money-back guarantees are not required by law in the United States. A seller, on the other hand, may advertise a money-back guarantee only if they offer a full refund of the purchaser's money and clearly state all requirements and limitations that apply.
- Perhaps the most significant benefit of providing a money-back guarantee is that it lowers the barrier to purchase by instilling trust in the customer.
- By putting customer satisfaction first, it can convert more sales in the long run. Costco is one company that has a successful and transparent money-back guarantee policy.
To learn more about money-back guarantees, refer to:
brainly.com/question/22596158
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Option C
<u>Explanation:</u>
All of the following are true of the effect of fair value accounting on the financial statements :
<u>option c. changes in the fair value of available-for-sale securities are recognized on the income statement. is correct
.</u>
Reasonable worth bookkeeping is a monetary detailing approach, otherwise called the "mark-to-advertise" bookkeeping practice, under proper accounting rules (GAAP). Utilizing reasonable worth bookkeeping, organizations measure and report the estimation of specific resources and liabilities based on their real or assessed reasonable market costs. Changes in resource or risk esteems after some time produce hidden additions or misfortunes for the advantages held and liabilities extraordinary, expanding or diminishing total compensation, just as value to be determined sheet.
Answer:
Contingent gains will not be reported on the financial statements of year 4.
Explanation:
As the Calim amount will benefit the Smith Co. so it is classified as the gain. In year 4 there is a probability of estimated gain in the range of $75,000 to $150,000. This is an contingent gain which is not realized until the end to year 4. As $100,00 is received in year 5, so it will not be reported in the financial statement of year 4. The contingent gain are not reported on the financial statements. The Revenues / Gains are reported when they are realized and Expenses / losses are reported when they are expected to incurr.
