Answer: <em>They refers to the physical entities or service that are offered to a buyer
.</em>
Explanation:
The statement written above best defines the tangible commodities. A physical good that can be distinguished by touch. Examples of these are automobile, confectionery items such as beverages etc, personal computers, mobiles, etc. Many business organization are also required to dispense packaging for these commodities in order to provide security during their transportation.
If they are terrorist or had a very criminal background
Answer:
They have to look for an outsider who is open-minded and ready to listen and tell, he can bring new ideas to what to do or not.
Explanation:
Kelly should ask from an outsider to help because
- Due to fear or greed, internal people are not able to give a proper opinion.
- We should get an opinion about their work from an outsider so that they can keep their opinion completely away from any greed or fear.
- They should also hold an online survey or feedback.
Through this process, they will get better business options.
Answer:
Jackson Ltd
Software Development ($50,000) and Purchase ($100,000):
The accounting treatment consistent with the framework is to:
a. Recognise an asset of $100 000 and expense of $50 000.
Explanation:
The development cost of the Software which is abandoned cannot be capitalized. Software development cost can only be capitalized after testing for usability. Otherwise, Software development costs are expensed as they are incurred. On the other hand, the purchased Software can be recognized as a long-term asset, Plant, Property, and Equipment as it will be in use for more than 2 years.
