After the balance sheet date with duplicate sales invoices and shipping documents.
<h3 /><h3>What is the risk of material misstatement?</h3>
The risk of major misrepresentation is the possibility that an organization's financial statements contain significant errors. Auditors evaluate this risk at the two levels listed below. The level of detection risk is reduced when the danger of material misstatement is high (increases the amount of evidence obtained from substantive procedures). The risk of an audit is decreased as a result.
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Answer:
Sabrina’s Soccer has a comparative advantage over Stan’s Sporting Goods because Sabrina’s Soccer has a lower opportunity cost.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The contribution margin dollar amount per bicycle.
Explanation:
The break-even point refers to the point in which the costs and the earnings are equal which means that you don't lose or gain money. To calculate the break-even point on units, you have to divide the fixed costs by the contribution margin and the contribution margin is equal to the price of the product per unit minus the variable costs per unit.
According to this, the answer is that the break-even point (i.e. number of bicycles) is found by dividing total fixed expenses by: the contribution margin dollar amount per bicycle.
WebMax Icn. has a product orientation toward the marketplace.
<h3>
What is product orientation?</h3>
- When a company creates items based on what it is good at rather than what a customer wants.
- The Gillette Company focuses on producing the best disposable razors at the most affordable price.
- As a result, they distinguish their products through high-quality razor blades, ease of use, and an appropriate pricing approach.
<h3>Reason -</h3>
- In the given situation Webmax has developed the product according to themselves and they have also lower their marketing budget due to this.
- As the definition of product orientation says that company creates items based on what it is good at rather than what a customer wants.
Therefore, WebMax Icn. has a product orientation toward the marketplace.
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