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3 years ago

An important difference between accounting and other 4 functions, such as marketing and management, is that

1 answer:

3 0

Well, since there's no options

Accounting : providing information regarding all financial aspects in the company

Marketing : determining kinds strategies to introduce company's products to the market

Management : Organizing all part of the company in order to reach company's goal

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If a firm favors a push strategy, using direct selling to educate potential consumers about the features of its products, what k

BigorU [14]

Answer:

industrial products

Explanation:

A company that does this and mostly favors a push strategy is usually selling industrial products. That is because a push strategy focuses on taking the product to the potential customer and showing them how it works as well as how it can benefit them, therefore pushing the product on them. Industrial Products are great for such a strategy since they require actual demonstration and can easily show the potential customer the actual value that the product can provide.

3 0

3 years ago

Documents in a voucher system

amid [387]

Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B

Explanation:

Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.

Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.

Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.

Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.

Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.

Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.

4 0

3 years ago

____________________An asset that lacks this attribute may take a long time to sell or be collected (so that it can be converted

g100num [7]

Answer:

Liquidity

Explanation:

Liquidity is the degree to which an asset can be converted to cash. Assets that can easily be converted are described as liquid assets and include stocks and bonds.

Illiquid assets are not easy to sell. These assets may take a long time to sell or may be sold at a much cheaper price than the purchase price in order to make a quick sale. These include real estate, motor vehicles etc.

4 0

3 years ago

Lever Brothers is considering an idea for a new liquid laundry detergent that contains a whitening agent. The company presented

Harlamova29_29 [7]

Answer:

e. concept testing.

Explanation:

Concept testing is the method of determining the likely reaction of the consumer to a product idea prior to advertising.

The purpose of concept testing is to verify that a product idea is superior over competitive solutions to help consumers get a job done through a work-to-be-done lens.

We need to know what measures consumers use to assess the successful implementation of the work-to-be-done to make this decision.

The concept testing procedures succeed because such consumer measures are developed around them.Using this approach is the only idea test method and is an important step in our cycle of development, Outcome-Driven Development (ODI).

3 0

2 years ago

A university is trying to determine what price to charge for tickets to football games. At a price of $24 per ticket, attendan

m_a_m_a [10]

Answer: Price per ticket should be charged in order to maximize revenue is $15.

70000 people will attend at this price.

Explanation:

Let 'x' represent the decrease .

Using the given information,

Price per ticket = 24 - 3x

Average no. of people that watch the game = 40000 + 10000x

Additional money spent by every person = 6(40000 + 10000x)

Revenue [R(x)] = Price per ticket $\times$ Average no. of people that watch the game + Additional money spent

Revenue [R(x)] = (24 - 3x) $\times$ (40000 + 10000x) + 6(40000 + 10000x)

On solving the above equation we get ,

Revenue [R(x)] = -30000 $x^{2}$ + 180000x + 1200000

In order to find the critical point we'll differentiate the following with respect to x;

R'(x) = -60000x + 180000

∵ R'(x) = 0

x = 3

Thus, the price per ticket that should be charged in order to maximize revenue is (24 - 3 $\times$ 3 = 24 - 9 = $15)

People that will attend at this price = (40000 + 10000 $\times$ 3) = 70000

7 0

3 years ago