Answer: A. The other asset group should be tested for an impairment loss before goodwill is tested.
Explanation:
According to the IFRS standards, it is important and necessary to revalue your assets according to their net realizable value, i.e, assets should be reported after deducting accumulated depreciation or amortization in the case of goodwill. In the case of inventory, NRV should be calculated by estimating impairments.
The other asset groups are tested to check for impairment loss and later the goodwill is tested.
Answer:
C. lose money equal to its total fixed costs.
Explanation:
The revenue of a firm in a perfectly competitive market depends on the forces of demand and supply. If such a firm consistently operates at a loss in the short run, it means that its price is lower than its average variable costs or revenues are lower than its total costs. If it shuts down, it won't be incurring variable costs but only lose money equal to fixed costs making choice C correct.
The following is true of copyright law : It protects original, creative expression.
<h3>
What is Copyright ?</h3>
Copyright (or author's proper) is a prison time period used to explain the rights that creators have over their literary and inventive works. Works protected through copyright variety from books, music, paintings, sculpture, and films, to laptop
<h3>What is Copyright laws?</h3>
Copyright is a federal law. It is Title 17 of the United States Code. Copyright is the right of authors to control the use of their work for a limited period of time.
Copyright laws can be described as those laws which are useful for the protection of the original expression of an idea. Copyright laws are laws which are used to securely protect literary works, musical works, artistic works, as well as educational properties etc. The law does not offer protection from an idea. What it protects is the expression of that particular original idea. This means that another work could be done that is based on the same idea as a first work but this second work is not an infringement on the first.
Learn more about copyright law on:
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Answer:
The correct answer is letter "E": commercial transition to mass distribution.
Explanation:
Within the marketing process of a manufacturing company given a growing economy, there are sub-stages beginning with the commercial transition in which the organization determines what is the best way -until that moment- to insert the product inside their target market. When that goal is achieved and the spread of the product even has reached international territory, marketing focuses on the mass distribution where some other factors like transporting the products have a bigger impact than the self functionality of the good.
