Since the consultant is not a consultee's administrative supervisor , then he would not be held legally responsible for actions taken by the consultee based on the consultant's advice.
A consulting agreement is a legal document that describes the working relationship between a company and a consultant who provides services to that company. The consulting agreement defines the terms of the professional relationship in order to hold both parties accountable for the type of work and compensation expected.
A consultant is a third-party professional who provides expertise and advice to help a company's operations in some way. They examine current business practices, identify areas for improvement, and devise a strategy to improve that aspect of the business.
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Answer: direct
Explanation:
Assuming a customer claim will be granted, a direct response will allow the company to build a better relationship with the customer.
Direct response marketing is a form of sales technique that is utilized in order to give a reponse on-the-spot. This usually allows prospective customer take instant actions based on the offer by the advertiser. This response sees measurable results instantly.
Answer:
$5,896,778
Explanation:
The computation of the increase value in the liabilities section is shown below:
= Present value of the first liability due in one year + Present value of the second liability due in three years
= $1,388,889 + $4,507,889
= $5,896,778
For computing the increase value in the liabilities we simply added the present value of two liabilities given in the question
Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.
Transaction A
Purchases – Dr 860500
Accounts payable 860500
Transaction B
Accounts payable - Dr $111,600
Purchase returns $111,600
Transaction C
Accounts payable - Dr 748900
Discount received 14,978
Cash 733,922
