Answer:
b. all development cost are expensed as incurred
Answer:
Suave is most likely using<u> below-market pricing</u> or<u> the penetration pricing strategy.</u>
Explanation:
Penetration pricing is one of the pricing strategies used by the companies. In this strategy, the company gains the customer's attention and market shares by offering their products at low price. This increases the demand of the product or service in the future. This strategy involves below-market pricing to sell the products.
Answer:
3. cost plus incentive fee.
Explanation:
Cost plus incentive fee is a type of contract where final amount for the completion of project is unknown till the project is completed. This project has cost plus an additional benefit amount. Here seller can earn an additional amount if he meets a defined criteria mentioned in the contract.
Fixed price contract cost is defined at the start of project and it does not allow any adjustments in the cost later when the project is completed.
Cost plus fixed fee is a contract in which a contractor is paid complete cost related to the performance of duties in the contract plus an additional fixed fee as their additional bonus. Usually this is agreed at the inception of the contract.
When preparing a bank reconciliation, outstanding checks are
deducted from the bank balance.
<h3>What are outstanding checks examples?</h3>
A check becomes outstanding when the payee doesn't cash or deposit the check. This means it doesn't clear the payor's bank account and doesn't appear on the statement at the end of the month. It is a check that has been written, but it hasn't been cashed-deposited by the bank or otherwise cleared the bank. An outstanding check can be a personal or a business check.
An outstanding check is a check payment that has been recorded by the issuing entity, but which has not yet cleared its bank account as a deduction from its cash balance.
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