The answer to the question above is Re-sellers. not to mention the question above stating that a firm sells goods that is purchased for a re-sale automatically refers to the Re-sellers. The Re-sellers can be a retailer that sells to the end users or sells to other business firms like the whole seller. basically the term Re-seller is a firm that who buys product lesser in the market and sells it with added value.
Answer:
you want me to do a whole project?!
Explanation:
To have a fundamental and legal basis, there should always be a purchase contract between the buyer and the seller. This contract contains the agreement and requirements for the purchase to proceed. So in this case, it is always agreed in the contract who pays the cost.
D for sure is the correct answer
Answer:
The correct answer is letter "C": Materiality.
Explanation:
The Materiality principle refers that one of the accounting standards can be left behind only if it has an irrelevant impact on the financial statements. According to the Generally Accepted Accounting Principles (GAAP) only when an item is "<em>immaterial</em>", provisions for the transaction derived from that item are not mandatory. But, the definition of what is material and immaterial is not provided by the GAAP, then, it relies on the judgment of the accountant.