Answer:
C) Brand name
Explanation:
A company's brand name is considered intellectual property, if the company decides to trademark it. A brand name is not usually something you buy, even though you can actually buy a brand, but generally you come up with one.
All the other options are tangible property that can be purchased from a vendor, e.g. inventory (merchandise), and tools and equipment. Land and a building can also be purchased or leased through a regular real estate transaction.
<span>Don is a leader within the company that can be in charge of a group of people under his responsibility and direction. You can also be a supervisor and head of a division or department. He has enough qualities to play a leadership role, which is why he becomes a leader in the company with great positive and efficient aspects.</span>
Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
Answer:
The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).
Explanation:
A performance obligation can be defined as a promise made in a contractual agreement by a seller or service provider to provide goods and services to a customer. This obligation exists only if a customer can benefit from the goods or services provided.
Allocating a transaction price to multiple performance obligations includes;
The best measure of fair value is what the good or service could be sold for on a standalone basis (standalone selling price).
