The tips regarding the use of handouts as a visual aid is most accurate: <span>Handouts should be discussed during the presentation
Hands out should be filled with basic summary of the whole presentation to help the audiences follow the flow of the presentation.
To put it simply, it should consists of the main issues that you wanted t convey to the audiences.</span>
Answer:
B) Decentralization of authority
Explanation:
Based on the scenario being described it can be said that the concept that is best illustrated in this scenario would be a decentralization of authority. This is the process in which authority is moved to the lower level managers within an organization. Which is what is happening in Chimbake, since they have given the store managers full authority to control and create the dessert flavors as they see fit.
Answer:
Arnett should include shipments 2 and 3 in their inventory
Explanation:
merchandise inventory: $82,600
- shipment 1: $6,400 FOB destination NOT INCLUDED IN INVENTORY
- shipment 2: $6,600 FOB destination to a customer ⇒ INCLUDED IN INVENTORY
- shipment 3: $5,200 FOB shipping point ⇒ INCLUDED IN INVENTORY
- shipment 4: $4,300 FOB shipping point to a customer NOT INCLUDED IN INVENTORY
Arnett should include shipments 2 and 3 in their inventory, so their total inventory should be $82,600 + $6,600 + $5,200 = $94,400
FOB destination means that the title of the goods belongs to the seller until the shipment reaches the customer's warehouse. So shipment 2 still belongs to Arnett until it reaches its customer's warehouse.
FOB shipping point means that the title of the goods belongs to the buyer immediately after the goods left the seller's warehouse. So shipment 3 belongs to Arnett as soon as it left the supplier's warehouse.
Answer:
d. Revenue recognition
Explanation:
The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.
Since the given scenario reflects the violation of the revenue recognition principle.
Answer:
b. does not relieve Bill of the potential obligation to perform.
Explanation:
An obligation is a legal bond (vinculum iuris) by which one or more parties (obligants) are bound to act or refrain from acting.
An obligation thus imposes on the obligor a duty to perform, and simultaneously creates a corresponding right to demand performance by the obligee to whom performance is to be tendered