Answer:
The correct answer is B
Explanation:
The contingency is the plan, which is course of action for the business that would take if an unexpected situation occur. So, the contingency plan is the plan or method which ensures that the business is prepared for what may come.
Accrual for contingency, it is the information which is available previously to issuance of the financial statements that indicates the assets has been impaired and the loss amount could be reasonably estimated.
The one which is most likely need the accrual is the customer premium offers as it is the technique of sales promotion where the customers are provided two or more products and they pay the price lower of the combined products.
Answer:
a. Values
Explanation:
Values describes basic convictions that "a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite mode of conduct. Values are the important ideas, thoughts and beliefs which are being shared by people within certain culture. It defines that what is seen as good and bad, what needs to be done and what should be avoided there in that particular culture. Values play very major and important role in people's life. Values comes with a judgmental factor where one person labels certain things as right, wrongs, true, false, acceptable or unacceptable.
Answer:
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I m not sure bet i think the answer is B