Correct/Complete Question:
Katie is looking over some of the product histories for the company. She has noticed that many more products have been rendered obsolete when compared to products 10 years ago. What impact does this have on companies?
A. It makes it easier for the company to define the appropriate time period.
B. It makes it easier to track the liabilities for the company.
C. It makes it more difficult for the company to define an appropriate time period.
D. It makes it easier to determine the net income for the company.
Answer:
C, it makes it more difficult for the company to define an appropriate time period.
Explanation:
It is difficult to fro the company to define an appropriate time period because products get obsolete very quickly and as such the company is at loss as for what products had longevity or influence in market.
I hope this helps.
