Answer:
The correct answer is C) the cause-‐‑and-‐‑effect and the benefits-‐‑received criteria.
Explanation:
In general, the costs that are collected in the accounts serve three general purposes:
- Provide cost reports to measure utility and evaluate inventory (income statement and balance sheet).
- Offer information for the administrative control of the operations and activities of the company (control reports).
- Provide information to support planning and decision making (analysis and special studies).
Control constitutes the management for the fulfillment of the proposed goals, while cost reduction refers to the effort aimed at achieving a decrease in the levels or magnitude of the costs. The cost of the quality of a product represents the work that requires the identification and administration of the necessary expenditures to maintain an adequate degree of quality, that is, the supervision of compliance with the rules of its design and its specifications.
Answer:
Start up costs have to be paid. Before a single sale can be made, there needs to be something to sell. ...
Working Capital is Needed to Keep Cash Flowing. ...
Use The Investment To Make More Than It Costs To Borrow. ...
Borrowing Money Reduces Personal Risk. ...
Insufficient Funds.
Explanation:
Answer:
See explanation section
Explanation:
Journal entry to record R. Selleck's Investment is as follows:
Debit Cash $10,000
Debit Office Equipment $5,000
Credit Capital, R. Selleck $15,000
Since he provides cash and office equipment, both the investment will be considered as capital of R. Selleck. Since he does not take any loan to provide money to the partnership business, no entry is made for loan.
Answer:
The correct answer is letter "C": A strategic prospecting plan.
Explanation:
A strategic prospecting plan refers to the effort salespeople make when identifying and analyzing the market to spot new customers or to engage existing clients in the purchase of additional products offered by their firm. The idea of this approach is always reaching potential consumers faster than competitors.