The two accounts that would be most at risk are: Sales and Accounts Receivable
Accrual method of accounting is an accounting method that reports on the company book <em>revenue</em> and expenses as they occur in which assets are then adjusted when revenue and expenses are paid.
Assuming a company or organization are to increased shipments which they are having doubt about as to whether those shipment would either be returned or not paid for.
The company book would show increase in income and increase in account receivable as the company is yet to receive payment for the goods that were shipped.
In a situation were the goods that was returned are high which means that at the end of the fiscal year both sales and account receivable account will be affected.
Inconclusion The two accounts that would be most at risk are: Sales and Accounts Receivable.
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Answer:
True
Explanation:
When a firm has international operations it should choose the most appropriate structure based on the following factors:
- extent of international expansion: into how many international regions do we plan to expand our activities.
- the type of strategy: the have to choose between global, multidomestic or international strategy
- the degree of product diversity: on how many additional markets will our products compete? regionally or globally
Although 1 and 3 may be similar, there can be significant differences. For example, a US company may want to start selling their products in all of South America (regional product diversity), but it will do it by setting a South American office in Brazil only (international expansion is limited to Brazil only).
Such decreased selling costs are among the benefits of : <span>salesforce automation
Basically, salesforce create an algorithm to handle your company's expense so there will be no abundance in resource buying and selling. In a large corporations that have a large amount of equity, this algorithm could save a lot of money</span>
The answers the fit the given blanks above are FINANCIAL INTERMEDIARIES and FIRMS, respectively. In a capitalist economy, the businesses are held private and therefore, the production and the operation of the business for their profit is only owned by them.
Answer: Tony has explicitly breached the Implied Warranty of Fitness for a particular purpose.
Explanation: the Implied warranty of fitness for a particular purpose takes effect when a buyer specifically asks a seller for a product that can be used for a particular purpose.
Because Mark (buyer) requested for the exact type of wood that can resist wood decay caused due to the damp environment of his cabin and Tony (seller) sells Mark lumber while assuring him that it's what he is looking for. Tony's assurance to Mark is known as the Implied warranty of fitness for a particular purpose, and since the wood is affected by dampness and caves then Tony has explicitly breached the warranty.
