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Explanation:
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It is the goal line that is the common term for endline
Answer: Forecasting is exclusively an objective prediction.
Explanation: In simple words, the process of predicting any future event by analyzing the past data is called the forecasting. The factors that an analyst takes from the past could be both qualitative and quantitative.
The forecasting process is done for a specified period and not for infinity. In other words, it is the study of trends and predicting how these trends could change in the future.
Hence from the above we can conclude that the correct option is B.
Answer:
1. $31,000
2. $40,000
Explanation:
1. Computation of bad debt expenses for the year
Bad debt expenses = Credit sales × Bad debts expenses
= $1,550,000 × 2%
= $31,000
2. Computation of year end balance
Year end balance = Beginning balance + Bad debt expense - Written off
= $31,000 + $31,000 - $22,000
= $40,000
Therefore for computing the bad debt expenses and year end balance we simply applied the above formula.
Answer:
The answer is a. The "invention" sought to be patented is actually a living creature.
Explanation:
That is the answer. Because by the law, you actually "CAN" patent a living creature or an organism that you invented and that does not exist naturally.
So, a patent application CAN NOT be denied on the grounds that the invention is a living thing.
However, if a plant or any organism exists in nature and has reproduced, then it cannot be patented. Because then it has become a natural occurrence. This is a stern limitation and a criteria put on patents for living organisms.
Patenting living organism such as anti bacteria and bacteria is common in pharmaceutical industry while patenting unique seed types are common in agricultural sector.