Complete question:
Identify the account concept,assumption, or principal that best applies to each of the following situations:
Burger King, the restaurant chain, sold a store location to McDonald's. How can Burger King determine the sale price of the store - by a professional appraisal, Burger King cost, or the amount actually received from the sale?
Answer:
Historical cost principle
Explanation:
The initial nominal financial value of the commodity is the average expense of a commercial object. The cost estimate is traditionally focused on recording assets at their nominal expense, which are not adjusted to adjust the costs of the products.
The original nominal financial value of the commodity is the average expense of a commercial object. The cost estimate is traditionally focused on recording assets at their nominal expense, which are not adjusted to adjust the costs of the products.
Essential!! it’s very essential to solving
Answer:
Letter E is correct. The indirct approach.
Explanation:
In the indirect approach, priority is given to initiating communication with the indications of a given situation, until in fact reaching what needs to be said. It is a form of approach that focuses on detailing the situation first and then drawing conclusions. This gives the public a chance to assimilate the facts, the positives and negatives of what is being discussed, which is an important factor in reducing resistance.
Answer:
Nine years or more
Explanation:
Development of new drugs is a long process and from discovery to marketing approval takes nine years or more.
The process of bringing new drugs to he marketplace after the identification of a main compound through drug discovery is called drug development. There are various stages of drug development such as <em>Discovery and development, Pre-clinical research, Clinical research and FDA review.</em>
