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sattari [20]
3 years ago
8

Recognizing something as a revenue instead of as a liability has a positive effect on the reported financial statements because:

Business
1 answer:
Pani-rosa [81]3 years ago
4 0

Revenue and liability has influence on reported financial statements because;

  • it understates liabilities
  • it overstates revenues

<h3>What is revenue and liability?</h3>

Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.

However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.

Learn more about revenue at;

brainly.com/question/25855858

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Yield management pricing

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Yield management pricing is the charging of different prices for a given set of capacity at a specific time in order to maximize revenue. This is based on the demand and supply in the market and is very common in industries such as airlines, hotels and resorts. When there is very high demand for airline seats, prices for them are high. However, if some of those passengers decided to refund their tickets, close to departure and the flight would be taking off soon, instead of flying with empty seats and no revenue from them, the airline would decide to sell these same seats at a cheaper rate in order to gain some revenue. This is a form of revenue maximization.

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3 years ago
The process of assimilating mass-media advertisements with other promotional elements such as direct marketing, public relations
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Answer: Integrated Marketing communication.

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3 years ago
Ogilvie Corp. issued 23,000 shares of no-par stock for $10 per share. Ogilvie was authorized to issue 46,000 shares. What effect
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Answer:

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Every time a company issues stock and sells them, both its assets and equity have to increase in order to keep a balance in the balance sheet. Since Oglivie's stock are no-par, all of the money received should be included in the common stock account.

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Many firms engage in __________ planning to prepare the organization, its managers, and its employees to cope with sudden catast
Vaselesa [24]

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Crisis Panning

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Help with number 6 question please
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The answer is number 3
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