Answer:
B. Getting caught in the transition period without a clear strategic advantage.
b. received money for his venture from angel investors.
c. received money for his venture through crowdfunding.
d. was able to fund his project through seed money.
Answer:d. was able to fund his project through seed money.
Explanation:Seed money is the money given to someone so that they can start their business venture , it is called a seed money because it is like planting a seed knowing that you will enjoy the fruits of its growth. People who give an entrepreneur this money help him or her get a start up capital whilst they also have hope that they would be part of his or her success and likely get the return as their investment in the future.
b. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.
c. calculates an average unit cost by adding the total cost of goods available for sale to the total units of goods available for sale.
d. none of the above
The weighted average method is used to assign the average cost of production to a product. Weighted average costing is commonly used in situations where:
Inventory items are so intermingled that it is impossible to assign a specific cost to an individual unit.The accounting system is not sufficiently sophisticated to track FIFO or LIFO inventory layers.Inventory items are so commoditized (i.e., identical to each other) that there is no way to assign a cost to an individual unit.
The most economical way to purchase large items is through cash.
This can be defined as a legaltender that can be used to exchange goods, debt, or services.
Using cash for purchases is direct and doesn't involve issues of paying ,more as a result of interests which may have been accrued which makes it an economical way to purchase large items.
Read more about Cash here brainly.com/question/735261
b) false
Answer:
a) true
Explanation:
Internal control system is the whole system of control financial and otherwise established by management in order to carry on the business of the enterprise in an efficient and orderly manner and to secure the integrity of the records and books of accounts.
The internal control is a management control tools used to ensure efficiency in operations.