Answer:
The correct answer is d. net income will be understated.
Explanation:
The accumulated or accrued income will be represented by those that have been earned during a financial year but that have not been received or recorded in the payment, because the term has not yet expired. If they are not recognized within the accounting year, it is said that the income item is being underestimated, and for that reason the information in the financial statements is not being faithfully represented.
Answer:
Chain of command means flow of authority from bottom to top.
Explanation:
Chain of command means a sequence of authority of a company . Chain of command is very important to a company as it tells the hierarchy of reporting relationship . Chain of command helps the person in knowing that who will report to whom , from whom he can receive order or to whom he can give order . It also helps in knowing that who is accountable to whom .
It also improves decision . It helps in avoiding confusion or chaos as people know that from whom they receive order or to whom they can give order.
It also improves communication problem in the firm .
I need the boxes in order to help.
Answer:
- Here, the payoff matrix says, when Megan plays left, the best strategy for Larry is to choose left, (as 6>4)
- When Megan plays right, the best strategy for Larry is to choose left, (as 6>5)
- Now, when Larry plays plays left the best strategy for Megan is to play left (as 6>3)
- When Larry plays plays right, the best strategy for Megan is to play right. (3<5)
Therefore the only dominant strategy for Larry and Megan to choose left.
Therefore,The outcome reflecting the unique Nash equilibrium in this game is Larry choosing left, and Megan choosing left (6,6).
Answer:
VRIO = Value Rarity Imitablility Organization.
Value highlights on the source is valued or not. It reflects that the company is systematized to deed the reserve of competence. Rarity is asked in positions of how infrequent and exclusive the assets are. Imitability means that how problematic is it for participants to duplicate the resource or competence. Organization is asked in positions of how fine the assets are structured to exploit the benefits in the market.
Therefore, it is focused that the value, rarity and the organization is focused in the question but imitability isn’t focused. However, some skills or resources are too expensive to be copied by other firms
