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Computer Consultants Inc., began business as an adviser to chains of retail stores. The company assisted the stores in the selection of hardware and the development of software used by retail chain stores. Later the company developed software and sold it to its customers. The company also began selling some of the equipment to the customers. That is, the company would bid on a job to purchase and install equipment and the software. The company has consistently reported its income by the cash method. At the end of the year, the company has substantial accounts receivables from clients and a small amount of inventory on hand. What advice can you offer the company regarding its accounting method?
Depth Perception
the visual ability to perceive the world in three dimensions, allowing for the estimation of distance.
Interposition
A visual cue that helps to perceive depth by determining that objects blocking other objects from view are closer.
Distance Cue
Visual information that helps determine the distance of an object from the observer, aiding in depth perception.
Perception
The process by which sensory information is organized, interpreted, and consciously experienced.
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