Answer:
trade secret
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.
The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n) ________.
Trade secret can be regarded as one of the intellectual property which is a process/ practice such as design, patterns or instrument that is generally not revealed outside the company. It gives a company an edge over her compititors
Answer:
OPTION A
Explanation:
The primary function of an organization's board of directors is to control the actions of the upper management team to make sure that the interests of shareholders are safeguarded.
PRIMARY FUNCTION OF BOARD OF DIRECTORS
Assess the vision and mission of the company to direct its present activities and potential development and set the agenda.
Review and assess current and future possibilities, threats, and hazards in the internal setting and the company's current & future strengths, weaknesses, and hazards.
Answer:
B. 26,000, 24,000.
Explanation:
Stock Company
Equivalent units
Particulars Units % of Completion Equivalent Units
Mat. Conversion Mat. Conversion
Transferred Out 23000 100 100 23000 23000
<u>Ending WIP 3000 100 331/3% 3000 999.9= 1000</u>
<u>Total Equivalent units 26000 24000</u>
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The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.
Equivalent units for materials 26000
and Equivalent units for conversion are: 24000
Answer:
Option C Electricity used to run its factories
Explanation:
The reason is that the direct costs are those that are easily attributable to the unit product and the costs that are not directly attributable to the unit product are indirect cost.
So here the salary paid to workers are directly attributable cost because the time taken to produce one unit in modern industry is fixed and determinable so the wage per unit is also fixed. It means it is a direct cost.
The leather used for a unit product of shoe is also determinable and fixed the product and its costs as well. This means we can easily allocate the cost to the unit shoe so it is also direct cost.
Likewise the cost of machines per unit in modern day industries is also determinable. If the machine life is 100,000 units and its price is $200,000 then the cost attributable to unit product of shoe is $2 per unit.
The electricity cost is not attributable to unit product of shoe as this electricity is used for other operations in the factory and this throws cat among the piegons because it is difficult to find how much a product utilizes electricity because their are number of different product produced in the factory and each utilizes electricity differently. So it is not directly attributable and is an indirect cost.