Answer:
They should be planned for.
Explanation:
Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.
The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.
Informative, because markets need to be informed about new products
Answer:
b. it does not reflect the equity method.
Explanation:
If the beginning retained earnings do not match with the equity method we must adjusted. If we do not; then after including the other transactions which are based on equity method will lead to a mistaken ending retained earnings and thus; the consolidated balance sheet will not match Assets with liabilities plus stockolders equity.
Answer:
b) The price of the product or service being offered
Explanation:
Value proposition is a clear and concise statement from a company or producer of goods and services to its potential customers on the values that buyers of a product or service will get from the use of such products.
There are basically three elements of a good value proposition
1. The company must identify the target audience or market who are to receive the value being created.
2. The attraction or selling point of the company product compared to that of competitors
3. The way the product or service will solve the need of the potential customers
Answer: the question is: How do you measure whether both the policy and the right processes were followed?
Explanation:
