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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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According to British social theorist __________, societies developed through a process of "struggle" (for existence) and "fitnes
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Answer:

Herbert Spencer

Explanation:

Herbert Spencer was an English Biologist, Philosopher and Sociologist. He used Darwin’s law of evolution and was known for his dogma of Social Darwinism. He proposed that a society will evolve over time as in the case of living organisms.

7 0
3 years ago
Under the Constitution, who shares the power of making laws?
spayn [35]
I believe it is B the president and the judiciary branch

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Managers of fast-food restaurants struggle with a rapid turnover of personnel. Employee turnover rates of 100 to 200 percent ann
soldier1979 [14.2K]

Answer: create a conducive environment where employees are emotional supported and their concerns are heard and rectified when necessary.

Explanation:

Customers are more likely to become motivated if they are cared for and receive the right support in an environment that is friendly and highly welcoming. They will mostly not feel like it's just a job but a career in which the have to give their best and that too will be recognised.

The best treatment that employees receive from their employer is likely to spread out to how they service the customers.

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3 years ago
One advantage of a long-term loan compared to a short-term loan is that a
galben [10]
D is the correct answer
5 0
3 years ago
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The public has a right to be treated fairly. He is violating the rights of these children. I need to gather more information and
Darya [45]

Hello. This question is incomplete. The full question is:

"Tori has been a personal secretary for the Governor for the past three years. During this time, Tori has observed what he considers to be insincerity on the part of the Governor with regards to interest in social causes. Tori has seen money that was to go to schools and children's hospitals questionably disappear. The Governor is more interested in spending the federal government's money for his own agenda than for helping people.

Tori reasons, "The public has a right to be treated fairly. He is violating the rights of these children. I need to gather more information and, if I am right, I need to report this behavior." Which philosophy best depicts Tori's reasoning:"

Answer:

Virtue ethics

Explanation:

Virtue ethics is a philosophy that refers to the emphasis on the moral virtues of the human being. Through this philosophy, people seek to do what is right, what is centered on honesty, transparency and the highest ethical and moral standards.

When Tory decides to expose the acts of dishonesty that her governor promotes, she is trying to do something fair and just, which will intensify her honesty and allow people to have justice. This shows that she is committed to the ethical philosophy of virtue.

8 0
3 years ago
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