Answer: Their Accounts Receivable balance will not be accurate.
The income account will show duplicate income.
Explanation:
Based on the information given in the question, the problem that this will cause is that there'll be an incorrect balance that is shown in the balance of the accounts receivable.
Also, there'll be a duplicate income entry that is created in the income account.
The rites and rituals are considered to be ceremonies and
activities in which should be placed on the space provided because they are use
for occasions in a way of celebrating a specific group or organization that has
set an example above.
Answer:
b. value-based pricing
Explanation:
Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.
In the question mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.
Answer:
Corporate Social Responsibility or CSR.
Explanation:
To put it simply, Corporate Social Responsibility means that a company is concerned and responsible about how their actions affect People, Planet and their Profits (3 P's)
Following are the generally accepted principles of CSR.
- Compliance with international commitments
- Compliance with international and national laws and regulations
- Maintenance of good corporate governance
- Communication and dialog with all stakeholders
- Commitment to Transparency
- Conservation and the promotion of the Environment
- Fiscal responsibility
- Protecting Human Rights
- Promotion of Social responsibility
