1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Montano1993 [528]
2 years ago
7

Write the definition in your own words

Business
1 answer:
In-s [12.5K]2 years ago
8 0

The definition in my own words are:

  • Cash Basis of Accounting: is type of accounting that  that makes use of revenues and expenses at the time cash is received.
  • Accrual Basis of Accounting: The accrual basis of accounting focus on recording revenues .
  • Matching Principle: can be regarded as  accounting concept that focus on  companies report expenses .
  • Time-Period Principle: is one that a business should report the states that financial results of its activities .
  • Accounting Period:  serves as the period of time  that is used for accounting functions, this can be a fiscal year.

<h3>What is accounting?</h3>

Accounting serves as the process which involves the  recording as well as summarizing business and financial transactions.

Learn more about Accounting  on:

brainly.com/question/1383956

#SPJ1

You might be interested in
Zenya is the founder of an online service that allows users to rent out spare rooms in their homes. She has hired a number of ex
stellarik [79]

Answer:

Strategy as planned emergence

Explanation:

As per Mintzberg's strategic planning framework, strategies either emerge out of existing plans or are a consequence of a deliberate action.

Strategy as a planned emergence refers to those strategies which did not pre-exist or which were deliberately created , rather emerged as a consequence of a business problem or as a reaction to a business situation.

In the given case, Zenya has created an online service whereby users can rent out the spare rooms of their houses. She appointed qualified employees for opinion and recommendations.

In the given case, emergent strategy is suggested so as to fully utilize the strengths of her team and enable the company to make the most of the independent actions and opportunities.  

5 0
4 years ago
what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
skelet666 [1.2K]

Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

Mark me Brainliest

5 0
3 years ago
I need help! It’s for a test.
Vilka [71]
I think is D



Is the most obvious out of the others
7 0
3 years ago
Read 2 more answers
A portfolio of non-dividend-paying stocks earned a geometric mean return of 5% between January 1, 2010, and December 31, 2016. T
Bezzdna [24]

Answer: $140710

Explanation:

From the question, we are informed that the portfolio of non-dividend-paying stocks earned a geometric mean return of 5% between January 1, 2010, and December 31, 2016 and that the arithmetic mean return for the same period was 6%.

If the market value of the portfolio at the beginning of 2010 was $100,000, the market value of the portfolio at the end of 2016 will be calculated as:

= $100,000 × (1 + 5%)^7

= $140,710

5 0
3 years ago
Laser World's income statement reported total revenues, $870,000 and total expenses (including $44,000 depreciation) of $755,000
svp [43]

Answer: The net cash flows from operating activities is $162,500.

Explanation:

Laser World's

Net cash flows from operating activities

Net income ($870,000 - $755,000)                                $115,000

Add back depreciation                                                        44,000

Increase in accounts receivable ($60,500 - 58,000)        (2,500)

Increase in accounts payable ($32,500 - 26,500)             6,000

Net cash flows from operating activities                     $162,500

4 0
3 years ago
Other questions:
  • The market basket used to calculate the CPI in Aquilonia is 4 loaves of bread, 6 gallons of milk, 2 shirts, and 2 pairs of pants
    9·1 answer
  • Under which type of economic system do workers typically work fewer hours and have access to more social benefits provided by th
    15·1 answer
  • you own a coffee shop where a cup of coffee costs $2.10. your cost on the cup of coffee is $0.30. calculate the margin per cup o
    15·1 answer
  • In the introduction to his speech on the art of digital photography, Terrance mentioned that he works part-time at a camera shop
    14·1 answer
  • For absolute purchasing power parity to hold: a. transaction costs must be observable. b. interest rates must be uniform on a no
    15·2 answers
  • Beta inc. manufactures electronic gadgets. the market researchers at beta have discovered that a new competitor is gaining more
    13·1 answer
  • Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example
    9·1 answer
  • Discuss some ways a large insurance company such as allstate, progressive, or state farm might use social media tools such as mi
    13·1 answer
  • Which of the following is an example of an effective persuasive speech topic for a group of elementary school children?
    6·2 answers
  • When consumers consider all types and brands of household cleaners, they are considering the _____ of household cleaners. When c
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!