Answer:
D. $460,500
Explanation:
Given that
Cost of parcel of land = 450000
Legal fees = 3000
Broker's fees = 7500
Therefore,
Amount recorded as cost of parcel of land is
Cost of parcel of land + legal fees + brokers fee
= 450000 + 3000 + 7500
= $460,500
When purchasing land, fees like commissions, legal fees, bank fees, title fees and other expenses added before the land can be used are considered as part of the land's cost. Hence the answer.
The fulfillment process originates in the sales department and ends in the accounting department.
<h3>What conditions must a sales department meet?</h3>
To link a product or service with potential customers or clients, a sales department must create and implement a protocol that is appropriate to the nature of the product or service. For instance, some goods or services necessitate direct communication between a salesperson and a customer in order to close a deal.
<h3>What function does the department of accounting and finance serve?</h3>
The core of any corporation is its accounting and finance division, which is in charge of maintaining the effective financial management and financial controls required to support all corporate operations.
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Option A, The modification would make products more consistent with the expectations of the consumer.
<u>Explanation:
</u>
The process to change the current products according to customer requirements is product modification.
Each material has external characteristics such as volume, form, texture, color, etc. and internal effects such as strength, toughness and other characteristics.
The transition in the existing product is referred to as product modification as per customer requirements. It may change the interior or external appearance of the property.
For Example, Mobile is a perfect example of recognizing product changes. Compare the app which started a year ago with the new mobile devices.
Answer:
The correct answer is c. enforceable as a private law.
Explanation:
Within a lease agreement, obligations are generated for both contractors. The owner of the property gives the right to enjoy it and this gives rise to a series of indispensable obligations for the preservation of the interests of the owner.
One of the obligations of the lessor is to keep the leased thing in good condition, to fulfill this obligation it is up to him to make the necessary repairs, because the tenants generally correspond to the lessee. But, the landlord has restrictions when performing such repairs.
