Based on the given scenario above about how Jim acquired knowledge and information about careers, this kind of source can be classified as an EXTERNAL source. This is classified as an external source knowing that the source of information is his mom. Hope this helps.
Answer:
The answer is letter "D": Estimate the total transaction price of the contract based on the sum of the stand-alone selling prices of the goods.
Explanation:
There are five steps for revenue recognition established by the Financial Accounting Standards Board (<em>FASB</em>) which are: <em>Identifying the contract with a customer; Identifying the performance obligations in the contract; Determining the transaction price; Allocating the prices to the performance obligations </em>and<em>; Recognizing revenue.</em>
In that sense, estimating the total transaction price of the contract based on the sum of the stand-alone selling prices of the goods has nothing to do with it.
Answer:
Flexible manufacturing system
Explanation:
A flexible manufacturing system is a method of production that allows for the easy adjustment of a manufacturer to the type or quantity of product being manufactured whether predicted or unpredicted.
This flexible manufacturing system is possible by the configuration or reconfiguration of computer systems to take up various levels of production.
Flexible manufacturing system has its advantages and disadvantages like any other systems but the main advantage of the flexible manufacturing system is that it helps to effectively manage manufacturing resources such as time, effort, quality, etc.
Its disadvantages include high financial implication to set up, maintenance, complication of system, etc
I hope this helps.
Answer: deductible
Explanation:
The deductible is a term that is used in insurance which simply means the amount of fund that is paid by a policy holder from his or her pocket before the insurance company will then pay any other expenses.
Deductible is typically used by insurance companies in order to ensure that the policy holders will also share any cost that is involved in the claim.
Answer:
Your friend says that Company A is doing a great job for shareholders. He says that their ROA is high. You point out that shareholders tend to like debt and the Company A has low debt. Furthermore, ROA is biased towards companies with low debt. You suggest that __ROE______ is a better measure of the job management is doing for shareholders.
Explanation:
Company A's Return on Equity (ROE) is a financial measure that investors use to gauge how their equity investments in the company are generating income. The Return on Assets (ROA) helps the same investors to measure how management is using Company A's assets or resources to generate more income. Company A's ROE is determined by dividing its net income by the equity, while its ROA is determined by dividing its net income by the assets. If the ROE equals the ROA, it shows that there is no leverage (debts) held by Company A.
