Answer:
C
Explanation:
Based on the scenario being described within the question it can be said that FL Systems Inc. will find it harder than Oryxo Systems Inc. to attain competitive advantage. This is mainly due to the fact that FL Systems Inc. has a large percentage of their money locked in intangible assets. These are assets that cannot be touched or physically used by the customers which makes it very difficult for customers to see the potential value which ultimately hurts their competitive advantage.
Answer:
(b) A disclaimer of opinion
Explanation:
A disclaimer of opinion -
It is the statement which is given by the auditor that no opinion is given for the client's financial statement .
There could be several reasons for this statement .
As , the auditor might have not been permitted or to complete all the planned audit process .
Hence , from the given information of the question , the correct term for the given situation is (b) A disclaimer of opinion .
Answer:
The coefficient of cross elasticity of demand is negative, and therefore these goods are complements.
Explanation:
Cross elasticity of demand is the proportionate change in the quantity demanded to the proportionate change in the price of the related goods.
Cross elasticity of demand is negative in case of complementry goods as proportionate increase in price of one goods lead to decrease in the demand of related goods as both are complimentry and demanded jointly. Example: Petrol and car.
Cross elasticity of demand is positive in case of subtitute goods as proportionate decrease in price of one goods lead to decrease in the demand of substitute goods. Example: Tea and Coffee.
Answer:
Being a member of any of these professional bodies gives you an edge in the Accounting profession.
Institute of Chartered Accountant of Nigeria
Institute of Chartered Accountant of Ireland
Institute of Chartered Accountant of England and Wales
Association of Accounting Technicians
Association of Certified Chartered Accountants
Chartered Institute of Management
and others
Explanation:
Answer:
This posting should be a minimum of one short paragraph and a maximum of two paragraphs. Word totals for this post should be in the 100–200-word range. Whether you agree or disagree, explain why with supporting evidence and concepts from the readings or a related experience. Include a reference, link, or citation when appropriate.
