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
8_murik_8 [283]
2 years ago
7

In December, a company signed a contract with a regular customer to sell products for $100,000. In January, the company received

a payment of $100,000 from this customer for products to be delivered in February. Revenue regarding this transaction is recognized:
Business
1 answer:
REY [17]2 years ago
6 0

Answer: In January, when the products are delivered.

You might be interested in
An insurance company receives an application with some information missing and issues the policy anyway. What is this called?
AnnyKZ [126]

Answer:

The correct answer to the following question is Waiver .

Explanation:

The term waiver can be defined as a legally binding provision , in which either of the parties entered in a contract , in their own free will forfeits a claim, and other party would not be liable. These waivers can be in written from or in some sort of action. Here the insurance company has removed the potential liability of the person who has filled the application form.

6 0
3 years ago
Isabella was hit by a car while she was walking on the road and sustained minor injuries. She filed a case against the car drive
Y_Kistochka [10]

Answer:

B) Individual differences in perception

Explanation:

We all perceive things differently than other people, or in other words, we all see thing differently than other people. Depending on our mood and where we actually are, we  perceive things differently. We also have the tendency to fill in blanks with some preconceived ideas, e.g. a person that suffered a prior accident will immediately imagine an action sequence resembling their own experience and will combine it with what they actually saw.

8 0
4 years ago
A business model a. is a road map for the marketing activities of an organization for a specified future time period. b. consist
natta225 [31]

Answer: Option  E

Explanation: In simple words, a business model refers to a framework that is used by the organisation to monitor and analyze the activities that are done in the workplace for smooth running of operations.

This model works a guideline and also facilitates the objectives of comparison for an organisation.

Thus, the correct option is E .

7 0
3 years ago
In a particular year, the Haynes Independent School District collects $100 million in property taxes.State law requires that pro
Sindrei [870]

Answer:

c.$100 million in a governmental fund

Explanation:

We are recording for the collectiong of the funds thus, we should ignore the latter contribution unti lit is performed.

An agency fund occures when one government agency colllects and holds on behalf of another

In this case, the Haynes Independent School District do not collected those taxes in behalft of a certain governemtn agency. Latter the State will take a portion of this and assign as it see fits thus, it will not be considered agency fund. Hence, the entire amount is governmental fund

4 0
3 years ago
What is the significance of signing a promissory note?
s2008m [1.1K]

Answer:

The correct answer is letter "D": You are formally accepting a loan and agree to pay it back in accordance to the terms that are outlined for that loan.  

Explanation:

A Promissory Note is a written promise made by one party to pay a specified sum of money to another party, either on-demand or at a specified future date. It is commonly used as a means of short-term financing in businesses. For example, when a company has solved many products but not yet collected payments for them, it may become low on cash and unable to pay its own creditors with the case. In such a case, it may ask its creditors to accept a promissory note that can be exchanged for cash at a future time after it collects its account receivables.

5 0
4 years ago
Other questions:
  • Medicaplus, a pharmaceutical company, is finding it difficult to track and locate slow moving medicines. pharmaceutical distribu
    12·1 answer
  • Under optimal monetary policy, the central bank adjusts its policy based on anticipated rather than current inflation and output
    8·1 answer
  • Which of these is not a factor in successful project portfolio management?
    13·1 answer
  • Faldo, Inc., provides medical coverage to employees through a self-insured plan. Nick, the president of Faldo, receives $3,400 i
    13·1 answer
  • To be Lean means:
    15·1 answer
  • The flat tax
    12·1 answer
  • Teddy Bower is an outdoor clothing and accessories chain that purchases a line of parkas at $12 each from its Asian supplier, Te
    6·1 answer
  • Output from a process contains 0.02 defective units. Defective units that go undetected into final assemblies cost $25 each to r
    9·1 answer
  • Money is neutral in:___________
    10·1 answer
  • In a master schedule, the planning horizon is often separated into a series of time periods called:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!