What is a non-media connector?
What will be an ideal response?
Non-media connectors are persons or organizations that monitor, analyze, and share content about products or industries. NMCs may or may not be compensated for their efforts; however, they are not employed by media organizations. They generate word-of-mouth and media mentions through grassroots communication, either online or live.
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When calculating the cost ratio for the retail inventory method,
a. if it is the conventional method, the beginning inventory is included and markdowns are deducted. b. if it is the LIFO method, the beginning inventory is excluded and markdowns are deducted. c. if it is the LIFO method, the beginning inventory is included and markdowns are not deducted. d. if it is the conventional method, the beginning inventory is excluded and markdowns are not deducted.
Which of the following is not an indicator that revenue for a service can be recognized continuously?
A. The seller is enhancing an asset that the buyer controls as the service is performed. B. The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and the customer receives a benefit as the seller performs the service. C. The seller is not enhancing an asset that the buyer controls or that has an alternative use to the seller, and another seller would need to re-perform the tasks performed to date if that other seller were to fulfill the remaining obligation. D. None of the other answers is correct.