Thta is true. Radical innovation has a significant effect on the market and on the economic activity of the firms in the market. Something that is false about radica innovation is that are evolutionary applications of novel ideas within existing paradigms and that is not true. We can say that this innovation <span>is an invention that destroys or supplants an existing business model.</span>
Answer:
Examining relationships with related parties will show whether there are unusual transactions that significantly improve the company's reported financial performance
Explanation:
Examining related parties, will help to find out if due processes and set standards were followed and applied in company transactions, as the <em>'significantly improved reported financial performance'</em>, may not reveal the true financial performance of the company.
Answer:
B) The public is wary of sharing confidential information after a recent spate of credit card scandals.
Explanation:
There are several advantages of click-only companies, especially that they are able to offer lower prices since they don't need to support the costs of brick-and-mortar stores.
But the whole idea of selling through the internet is based on the customers' trust on new technologies and they specially dislike when the new technologies fail, e.g. when a hacker discloses the accounts and passwords of millions of users.
Answer:
(1) rate = 25% of direct labor cost
(2) rate = 30% of direct materials
Explanation:
To determinate the rate We distribute the total overhead cost over a given cost driver.
factory overhead 117,000
direct materials 390,000
direct labor 468,000
(1) We are asked to use direct labor as a cost driver
117,000/468,000 = 0.25 = 25%
(2) We are asked to use direct materials as a cost driver
117,000/398,000 = 0.25 = 30%
Answer:
The $1,500 earned in interest
Explanation:
According to the IRS, proceeds from a life insurance policy are not included in the taxable income of the beneficiary. If Terry would have chosen to receive the $100,000 in a single payment, she wouldn't have to pay any taxes for that money. Since she decided to receive 10 annual payments plus interest, she must include the earned interest as taxable income.