Answer:
The correct answer is letter "C": entry of large discount superstores.
Explanation:
A channel length is composed of the number of middlemen in the distribution channel of a product. The more intermediaries between buyers and sellers the larger the channel length. Under that scenario, if there are more discount superstores in a market such as Walmart or Costco manufacturers can directly offer their goods to them so consumers can find them available in their stores. The channel length would be small, then.
Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay
Explanation:
A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.
We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.
Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".
Answer:
The answer is 4. licensing
Explanation:
Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.
In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.
It is known as licensing.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Here, the five elements include all of the following except- None of these choices are correct
<h3><u>
What are the five elements of internal control ?</u></h3>
Different internal control systems function with varying degrees of efficacy. A judgment on an internal control system's effectiveness is made after evaluating if each of the five components -
- Control Environment-The tone of an institution is defined by the control environment created by the organization's management, which also has an impact on the individuals who work there.
- Risk Assessment-Every entity must evaluate the many risks it confronts from both internal and external sources. Setting up objectives that are internally consistent and related at various levels is a prerequisite for risk assessment.
- Control Activities-The rules and practices that guarantee management directions are followed are known as control activities. They aid in ensuring that the required steps are made to address risks preventing the entity from achieving its goals.
- Information and Communication-Relevant information must be located, recorded, and disseminated in a way and at a pace that makes it possible for recipients to fulfill their duties. Effective communication must flow up, down, and throughout the company in a wide sense.
- Monitoring-Regular management and supervision tasks, as well as other actions staff members do while carrying out their jobs, constitute ongoing monitoring, which evaluates the effectiveness of internal control system performance.
To know more about the concept of internal control, refer to: brainly.com/question/15318839
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