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3 years ago

Normative statements involve value judgement is these statemen true or false?

Business

1 answer:

KATRIN_1 [288]3 years ago

3 0

Answer:

A normative statement is one that makes a value judgment. Such a judgment is the opinion of the speaker; no one can prove that the statement is or is not correct

Explanation:

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during an external information search, a consumer is most likely to enlarge his search and consider more alternative brands when

iren2701 [21]

During an external information search, a consumer is most likely to enlarge his search and consider more alternative brands when the perceived risk of the product or service to be purchased increases.

This is further explained below.

<h3>What is a product?</h3>

Generally, A physical thing that is offered for sale for purchase, attention, or consumption is referred to as a commodity.

On the other hand, an intangible item that comes from the work of one or more humans is referred to as a service.

In conclusion, When a customer perceives an increased level of risk associated with the product or service that will be bought, he is more likely to broaden the scope of his search and take into consideration a greater number of alternative brands.

This occurs during an external information search.

Read more about product

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8 0

1 year ago

Howard Corporation issued a 20-year mortgage note payable on January 1. On December 31, the unpaid principle balance will be rep

lubasha [3.4K]

Answer:

c. a long-term liability.

Explanation:

Short term liabilities are those liabilities which need to be paid within one year time and Long term liabilities are those liabilities which need to be paid after one year time.

In this question on December 31, Howard Corporation need to pay the principal in 19 years from now, as it it a long period, so amount of principal will be classified as a long-term liability.

3 0

4 years ago

A company has net credit sales of $1,200,000, beginning net accounts receivable of $290,000, and ending net accounts receivabl

7nadin3 [17]

Answer:

Days of receivable will be 75 days

Explanation:

We have given net credit sales = $1200000

Net account receivable at the beginning = $290000

And receivable at the ending = $201000

Average receivable $=\frac{290000+201000}{2}=$245500$

Now receivables turnover ratio $=\frac{credit\ sales}{average\ receivable}=\frac{1200000}{245500}=4.888$

Days of receivables = $\frac{365}{4.888}=74.67=75days$

8 0

3 years ago

When you choose, you are never accountable for the resources used and paths selected?

labwork [276]

If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.

7 0

3 years ago

Aicpa auditing standards address the confirmation of accounts receivable for private company audits. what are the circumstances

alina1380 [7]

Answer:

Confirmation of accounts receivables is not required when the account information is immaterial.

An account is said to have immaterial information when the account doesn't reflect any important or relevant information that can affect the opinions or decisions of shareholders, potential investors or creditors of the company.

The auditors have the responsibility of deciding what information is relevant and important and what is immaterial

4 0

3 years ago