Answer:
A) Because services depend on people for their delivery.
Explanation:
Given that the same or similar type of services are or can be carried out by various personnel, and the level of quality of the rendered services is dependent on the skills and professionalism of the person who rendered such services.
Hence, Unlike tangible goods, virtually all services are susceptible to inconsistency and variations in quality, because services depend on people for their delivery.
Therefore, the right answer is Option A. the
Answer:
16.22%
Explanation:
3/15, net 45 means that if Newsome pays within 15 days, it will get discount of 3%, otherwise it can pay within 45 days in full.
Nominal annual percentage cost of non-free trade credit based on 365 days can be calculated using the below formula:
Discount %/(100%-Discount %)*(365/(Actual credit days – Discount days))
In this case
Discount%=2%
Actual credit days=60
Discount period=15
Cost of non- free credit=2%/(100%-2%)*(365/(60-15)
=2%/98%*(365/45)
=0.02*8.11
=16.22%
An entrepreneur can create a strong business strategy to reduce risk.
Entrepreneurs are the individuals who start new firms, taking on the majority of the risks and reaping the greatest gains. Entrepreneurship is the act of starting a business. The entrepreneur is typically thought of as an inventor who develops original ideas for products, services, businesses, and operational needs.
Creating a business strategy is one of the first actions that entrepreneurs may do to lower the risks associated with a new venture. Before beginning, one must determine how much time and money one will devote to their new venture. Market research should also be conducted. This provides insight into the likelihood that your new venture will succeed or fail.
Read more about entrepreneurs on:
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Answer:
Compensatory damage
Explanation:
Assuming That GSI is liable for breach of contract, The measure of damage is :
Compensatory damage : This is the compensation to be paid by the breaching party ( GSI ) to the Non-breaching party ( D and D ) for losses they incurred in purchasing the house and also fixing up the missing components in the house. and this is because GSI falsely reported that those systems where in place before D and D purchased the house.
To determine the amount of compensation the standard measure ( <em>difference between value promised and value actually delivered by the breaching party</em> ) will be applied.
Answer:
A and B
Explanation:
The relevance or conformity is the concept that the information generated by the accounting system influences the decision maker to make a decision. The concept may include the content and / or timeliness of information that can influence decision making. In particular, the relevance of the information provided to users is thought to be faster. This impact can be a confirmation of a reader's previous decision (for example, investing in a company) or making a new decision (such as investing in a company). Here are some examples of how communication is used in accounting:
A company auditor decides to expedite the closing of the month so that it can publish its financial statements within three days instead of the old three-week standard. This increases the speed of receiving financial reports from various internal and external parties, and increases the relevance of the information they receive.
The Industrial Engineering Manager is considering installing a new, higher capacity machine in the manufacturing sector. If the sales department publishes a new forecast showing a decline in sales, the engineering manager may not need to buy such a high capacity machine.
One company is considering another company. If the acquired company discloses that it has not been pre-registered and is liable, it is due to the buyer's decision in relation to the purchase price, which the buyer will extend the purchase offer, and is willing to pay.
One company had a strong quarter; These are the decisions to provide creditors with improved results, or to increase or increase the amount of credit granted to the company.
