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mina [271]
1 year ago
12

The revenue recognition principle dictates that revenue be recognized in the accounting period in which it is:________

Social Studies
1 answer:
marissa [1.9K]1 year ago
4 0

The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>

<u></u>

The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.

The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.

To learn more about revenue recognition principle, click

brainly.com/question/28204542

#SPJ4

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What where 5 major events that led to the war of 1812?​
belka [17]

Answer:

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Explanation:

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8 0
3 years ago
Analyze the map below and answer the question that follows.
VikaD [51]

Hello. You forgot to put the necessary map for this question to be answered. The map is attached below.

In addition, the second question is incomplete. The full question is:

"Which activity is a method of habitat restoration?

A. cleaning up after environmental disasters  B. allowing trees to grow naturally  C. farming techniques like terrace farming and tree belts  D. creating a reservoir to prevent flooding"

Answer:

B. the Great Barrier Reef

A. cleaning up after environmental disasters  

Explanation:

The area marked on the map above refers to Australia's Great Barrier Reef. This region has the largest coral reef in the world and a major tourist spot, with 2000 kilometers of extension.

A method of habitat restoration is one that seeks to reduce or end the problems that an environment presents after a natural disaster, or after an intense exploration that ended up destroying or damaging the environment. Among the options given, the one that is a method of habitat restoration is:  cleaning up after environmental disasters .

7 0
3 years ago
Analyze the map below and answer the question that follows.
Montano1993 [528]

Answer: Region A

Explanation: A is not a part of Siberia.

3 0
3 years ago
Read 2 more answers
Concern by a listener about an upcoming job interview, the lack of air conditioning, or a toothache are all examples of ________
lions [1.4K]

Answer:

interference

Explanation:

The right answer to the question is interference.

Interference to my own knowledge is anything be it human, materials or process that are capable of hindering the smooth process of communication. Or may also be seen as anything capable of disrupting the sender for sending a complete and understandable message or the medium of communication to the receiver.

4 0
3 years ago
What is the most fundamental problem in every country's economy?
Kaylis [27]

Answer:

c

Explanation:

if you do not have enough resources to take care of your country it will crumble down and will have a hard time getting back up. for instance people need clean water and if the economy don't have enough company's to filter water to make it clean the people will die of thirst.

I hope this makes sense tell me if I'm right too

6 0
3 years ago
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