Answer:
1. Jim Marley is the sole owner of Marley's Appliances. Jim borrowed $100,000 to buy a new home to be used as his personal residence This liability was not recorded in the records of Marley's Appliances
- ECONOMIC ENTITY PRINCIPLE: the activities of a business must be kept separate form the activities of its owners
2. Apple Inc. distributes an annual report to its shareholders
- TIME PERIOD PRINCIPLE: companies must report their financial statements over standard or fixed periods of time, e.g. monthly, quarterly or annually
3. Hewlett-Packard Corporation depreciates machinery and equipment over their useful lives
- EXPENSE RECOGNITION: expenses must be recorded during the time periods that they actually occur
4. Crosby Company lists land on its balance sheet at $120,000, its original purchase price, even though the land has a current fair value
- HISTORICAL COST PRINCIPLE: assets must be recorded at purchase cost and the only adjustment can be accumulated depreciation
5. delivered to customers, even though the cash has not yet been
- THIS PART IS INCOMPLETE, BUT I BELIEVE IT REFERS TO THE REVENUE RECOGNITION PRINCIPLE: revenue must be recognized once the earning process has been completed and not necessarily when the cash is received.
6. Liquidation values are not normally reported in financial statements of $200,000 Honeywell International Inc. records revenue when products are received even though many companies do go out of business
- GOING CONCERN PRINCIPLE: this principle assumes that the business will continue to operate in the foreseeable future
7. IBM Corporation, a multibillion dollar company, purchased some small tools at a cost of $800. Even though the tools will be used for a number of years, the company recorded the purchase as an expense
- MATERIALITY: a company must record all the transactions that may affect the decision making processes. In this case, a tool will not make any difference on a multibillion dollar company.
I think the phase that served that purpose would be: <span>the Support and Security Phase
support and security phase is important because customers who unfamiliar with the products tend to face some difficulties in the beginning of their interaction with the production which prevents them to experiencing the maximum value of the product.</span>
<h2>No the food handler should use new sanitized water.</h2>
Explanation:
- When the temperature of the water of the sanitizing solution is low, it means that there is more chance of "bacteria being present in the water".
- So this bacteria can go and affect the food and when the living being intake the food, there is a possibility for illness.
- How sanitizing hand is important, it is that equal important to sanitize the pans to "stay healthy".
- So, "the water should be poured out and new water containing the sanitizing solution should be used".
Answer: Structured interview
Explanation:
The structured interview is one of the type of method that is used in the quantitative research process that ensure that the order of questions in the interview in similar manner.
It is one of the effective method that is typically introduced to overcome all the disadvantages of the traditional interview method. The main benefit of the structured interview is that it is one of the fastest way for comparing the performance of the candidate.
According to the given question, Sonja prepared the questions for the interview based on the given description of the job and this planning process is known as the structured interview.
Therefore, Structured interview is the correct answer.
Market research.
The firm often goes into uncharted Territories for themselves and takes heavy risks in places unknown to them.
For example, McDonald’s Setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market shape.
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