Answer:
b) Schedule of cash receipts from customers
Explanation:
Selling and administrative expenses budget cannot provide the balance of an asset account. Therefore, option A is wrong.
Inventory, purchases, and cost of goods sold budget provide the information of inventory used and purchase of raw materials. Therefore, option C is wrong.
Capital expenditures budget provides non-correct related information. Therefore, option D is wrong.
As the company collects money from customers (Accounts Receivable), therefore, we can find it from the schedule of cash receipts from customers. Therefore, option B is the answer.
Answer:
The account opportunity is high, but competitive position is weak.
Explanation:
In management, portfolio analysis refers to evaluating the products or services sold or offered by the company and their environment. This way we can identify which strategies would help to increase the company's market share and increase projected sales.
In this case, if the account is important and the opportunity to increase or consolidate the account is high, the company must actively engage in actions that can help them secure the account.
Answer:
c. life Insurance.
Explanation:
The principle of indemnity put an individual who is in loss into the same financial position as he was before the loss.
The insurers ensure such individual is immediately reinstated into his previous position. They do not give more than what was lost they give the exact thing that was insured and lost. Even if the sum insured is more than the actual value of the property or this would not entitle the insured to get more than the actual loss
Life insurance and body insurance is not under indemnity principal because life can not be valued the same way as property and it cannot be refunded. Also, body part loss cannot be restored back to its original position hence they do not come under the principle of indemnity.
Answer:
Databases
Explanation:
The database is the result of the effort of an organization that could develop the customer profiles in order to have the direct marketing tools like e-mail could be directed for the particular customers
In this the customer profiles are made so that according to that it give direction to the customers in a form of email & catalogs
So, it is a database case