Which of the Following Statements About Yield Management Systems (YMS)is

question 58

Multiple Choice

Which of the following statements about yield management systems (YMS) is true?

• A) The first use of YMS was in the U.S.car industry as it looked for ways to compete with imports.
• B) YMS eliminate the problem of simultaneous production and consumption from services.
• C) YMS cannot be used by any other businesses but services.
• D) YMS are complex pricing systems used to set equilibrium pricing points.
• E) YMS are mathematically complex systems to make use of underutilized capacity and reduce the cost of perishability.

Identify the key characteristics of intangible assets.

Understand the requirements for recognition of goodwill and intangible assets in business combinations.

Grasp the accounting treatment of internally generated intangible assets according to AASB 138.

Recognize the disclosure requirements for intangible assets under AASB 138.

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Definitions:

Expert Power

Influence derived from possessing knowledge or expertise in a particular area, leading others to respect and follow the guidance provided.

Training Opportunities

Programs or initiatives designed to enhance the skills, knowledge, or performance of individuals or groups.

Educational Opportunities

are chances or avenues for learning and acquiring knowledge, skills, and qualifications, often provided through schools, universities, workshops, or online platforms.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.