Answer:
Timeline and tagging settings
Explanation:
Timeline and tagging settings is a feature in social media applications such as Face-book, Twi-tter, Insta-gram etc. that allows you to control being linked to other people's posts.
When this settings is properly configured, you will only be linked to the posts of people you allowed, in this case it will be your mutual friends rather than the general public.
Answer: The answer is price skimming.
Explanation:
The price skimming is a form of price discrimination overtime rather than space. It is a situation where a company wants to take the advantage of some buyers willing to pay a higher price for a product than other because, To them the product has a high present value price in order to earn extra money from such buyers.
This type of objective is favoured where the following condition exist
1. There are enough buyers who want to pay higher price.
2. The higher price will not quickly attract entry by competitors.
3. The demand for the goods is highly inelastic, in cases whereby buyers are not price sensitive and therefore, do not react to higher prices.
4. If the Market is a narrow one
5. If the emphasis is not on high volume production and sales.
Answer:
Correct option is A.
<u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
Explanation:
If property is inherited by a taxpayer, <u>In general, the basis to the recipient is the fair market value at the decedent's date of death.
</u>
As per the the law when property is transferred on account of death, then basis to the recipient is the fair market value at the time of death of decedent's.
Joseph is probably denied credit due to his bad character, which is an essential element of the Three C's of Credit.
<h3>What are the Three C's of Credit?</h3>
To determine the credibility of a person for grant of a loan or an advance, a lender takes into consideration the Three C's of credit, which are as follows,
- Character
- Capacity
- Capital or Collateral.
Collaterals or Capital help in determination of security of lender from borrower, in case when the borrower is unable to repay the credit. Capacity determines the ability to repay the credit.
Character, on the other hand, helps in determination whether the customer or the borrower's behavior, and the qualities of his or her character in the society.
Hence, the three C's of credit are explained above.
Learn more about the Three C's of Credit here:
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Answer:
b. Accounts receivables (gross) is reduced
Explanation:
As we know that
The journal entry to record the bad debt expense is
Bad debt expense A/c Dr
To Allowance for doubtful debts
(Being allowance of uncollectible accounts are recorded)
By passing this journal entry, both bad debt expense and the allowance for doubtful debts which result in a decrease in the net income and the balance of account receivable but the gross of account receivable would remain the same.
