Answer:
a.They must be an integral part of the finished product and be a significant portion of the total product cost
Explanation:
The direct material is the material cost which is directly related to the process of the product at the time of manufacturing the product
It can be an integral part of the finished goods as finished goods are come from direct materials and the work in process cycles.
Moreover, it also included in the total product cost along with the direct labor cost and the manufacturing overhead cost
Answer:
B
Explanation:
A. Positive confirmation should always be used for large balances
C. Trade receivables is the overlying term for both account receivables and note receivables. There is no distinguish here between large and small balances.
D. The positive form should be used for receivables that are unsatisfactory.
RJR Nabisco allows a company in Singapore to use its brand name and recipes to produce and sell one of its products - Planters Nuts. This type of international arrangement is called licensing.
<h3>What is
licensing?</h3>
Generally, licensing is simply defined as granting someone formal authorization to do, have, or sell something: In many nations, licensing is used to determine who should sell what.
In conclusion, a license shows the authenticity of a producer.
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