Incomplete question. The options read;
- Consumers could easily return and get refunds for products that didn't meet their expectations.
- Consumers could still purchase items at a store even if they forgot their wallet and phone at home.
- Consumers will be able to store their personal identifiable information for recurring purchases.
- Consumers will be able to effectively track where the components of their product were sourced.
Answer:
- <u>Consumers will be able to effectively track where the components of their product were sourced.</u>
Explanation:
Note, the term supply chain simply refers to the various distribution channels consisting of different individuals, activities, and resources that are involved in supplying a product or service.
Hence, by the adoption of blockchain technology, it would be <u>easier for </u><u><em>consumers will be able to effectively track where the components of their product were sourced</em></u> since the technology enables an open ledger of transactions.
Answer:
Murphy Company
The year in which Murphy recognizes the income is year 2.
Explanation:
As a cash basis taxpayer, Murphy Company reports income and deductions in the year that they are actually paid or received. Similarly, as a cash basis taxpayer, Murphy Company deducts expenses in the year the expenses are paid off, which is not necessarily the year they were incurred. The income for services of $9,000 rendered to a customer, for which payment was received on January 3, year 2, will be recognized in year 2 and not in year 1 when the services were performed.
It is called a jurisdiction.
I just looked it up and I think that it is a
