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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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The cephalocaudal pattern is the sequence in which the earliest growth always occurs at the.
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The cephalocaudal pattern is the sequence in which the earliest growth always occurs at the: Top-the head-with physical growth in size, weight, and feature differentiation gradually working from top to bottom.

<h3>What is cephalocaudal pattern:</h3>

Cephalocaudal pattern is simply a development pattern in which growth begin or start from head to toe or from top to bottom.

The word cephalocaudal come from or is generated from cephalo which means head and caudal which means toe.

We can therefore say that cephalocaudal pattern is a growth pattern that start from the head which is the uppermost of the body, before moving down or proceeding to the following:

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