Answer:
the recording of materials purchased is handled by three different methods.
Explanation:
Sr. No Particulars Debit Credit
Purchases $950,000
Material Price Purchase Price Variance $50,000
Cash $1000,000
Method 1: Record the price variance when materials are received.
Method 2: Record the materials on actual costs and determine the price variance when material is requisitioned.
Method 3: Combination of method 1 and method 2.
For control purposes the price variance should be determined when the material is received
Answer:
internationally comparable financial information.
Explanation:
The FASB refers to the financial accounting standards board while on the other hand, the IASB refers to the International accounting standard board. These two boards are related to accounting.
The FASB focused on the U.S accounting standards while the IASB focused on global standards
Here in the given situation, the comparison is to be done in different countries so the above should be considered as an answer
Answer:
Marketing research
Explanation:
Marketing research -
It refers to the method of collecting and interpreting all the information and sources in order to establish any business , is referred to as marketing research .
The research work require a lot of relevant information about the goods , planning and implementing the plans in a correct manner ,
The feedback of the consumers are required in order to improve the business according to the likes and dislikes of the consumers .
Hence , from the given information of the question ,
The correct term is marketing research .
Answer:
The correct answer is letter "A": salaries.
Explanation:
Estimating project costs of businesses allows measuring the profits and costs the organization might have during operations. That budget must include direct costs such as <em>employees' salaries</em>, materials such as supplies and equipment, and indirect costs like administrative expenditures.
Answer:
b. Has unlimited liability for its partners.
Explanation:
Both partnerships and sole proprietorships are very common forms of business, are relatively easy to create, and they are both pass through entities, but they also have a commons disadvantage: their owners are personally for the business' obligations. That means taht if things go wrong, their owners will have to use their other personal assets to covers for any liabilities.