Answer:
False.
Explanation:
The revenue recognition principle states that revenue should be recognized and recorded when it is realized or realizable and when it is earned. In other words, companies shouldn’t wait until revenue is actually collected to record it in their books.
Revenue should be recorded when the business has earned the revenue even it has not been paid by customers to finance expenditures
Answer:
d. The unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price
Explanation:
Customer value refers to the unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price
Answer:
d. are fiat money and gold coins are commodity money.
Explanation:
Fiat money is by definition the money whose value is imposed by the state (not real commodity in itself, just paper with state imposing its value) and is the international reference for trading, like the US dollar (or maybe euro or yen). Commodity money are actual commodities used as money, like gold (could be also silver)
Answer:
The correct answer is A) The middle-of-the-road style
.
Explanation:
This leadership is characterized by the balanced behavior of managers where a balance is maintained between the operational and organizational function along with the motivation of the entire work group. In this type of leadership, the manager is very clear about his role in terms of work to achieve adequate behavior, but at the same time he considers that the group environment is important to achieve the proposed objectives and for this reason he also cares about the state of encouragement of employees.
Answer:
Option C is the correct answer..
A flexible budget is also known as a master budget is incorrect
Explanation:
A master budget is a term used for aggregation of all budgets prepared by all divisions.
