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vivado [14]
4 years ago
7

In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company

provides currently for the estimated cost for product warranties at the time the related revenue is recognized." This note exemplifies Apple's use of:________
1) Conservatism
2) Matching
3) Realization principle
4) Economic entity
Business
1 answer:
Wewaii [24]4 years ago
3 0

Answer:

The Matching principle.

Explanation:

Matching principle is the accounting principle that requires that the expenses incurred during a period should be recorded in the same period in which the related revenues are earned. This principle recognizes that businesses must incur expenses to earn revenues. The principle is at the core of the accrual basis of accounting and adjusting entries.

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Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price change
Eddi Din [679]

Within a ________________________ economy, we often see both producers and consumers responding to the incentive of price changes.

Answer:

market economy

5 0
2 years ago
Aemeli works in the manufacturing career cluster. where does she probably work? check all that apply. plant workshop factory ret
nordsb [41]

Amelia works in the manufacturing career cluster. She probably works in a plant workshop or factory

What is manufacturing career cluster?

To turn raw resources into finished goods, the Manufacturing cluster combines a passion for engineering, design, and technology with planning and organizational abilities.

What is considered a manufacturing worker?

Jobs in manufacturing are ones that start with components or raw materials and end with creating new products. You can find these occupations in a factory, plant, or mill. As long as goods rather than services are produced, they can also exist inside a house.

What are the positive impacts of manufacturing?

The timetable can be optimized by the program to lower errors and inefficiencies and produce products of higher quality. Cost savings over the long term are made possible by technology, which operates with greater efficiency, less waste, and fewer workers.

Learn more about career cluster: brainly.com/question/15225914

#SPJ4

8 0
2 years ago
Charles is a single person, age 35, with no dependents. In 2015, Charles has gross income of $75,000 from his sole proprietorshi
r-ruslan [8.4K]

Answer:

The correct answer is $7,650.

Explanation:

According to the scenario, the computation of the given data are as follows:

Gross income from business               $75,000

 Business deductions (Less)                $80,000

Interest and dividend income (Add)    $22,000

Gross income                                        $17,000

Standard deduction (Less)                   $5,700

Exemption (Less)                                  $3,650

Net  Taxable income                             $ 7,650

So, the net taxable income is $7,650.

6 0
3 years ago
A producer is someone who _____________. A. Makes a commodity available for sale or exchange B. Buys or trades in order to recei
elena-14-01-66 [18.8K]
The producer is the person who makes the product therefore the answer would be A.
4 0
3 years ago
Read 2 more answers
McLeod Fries, Inc. has budgeted sales for June and July at $670,000 and $770,000, respectively. Sales are 85% credit, of which 6
ratelena [41]

Answer:

Account receivable on July 31 = $261,800

Explanation:

We would not be making use of the information for June as the question says 60% is collected in the month of sale and 40% is collected in the following month . Therefore as at July 31, all of june sales would have been collected and won't be outstanding

July credit sales = 85% * $770,000 = $654,500

Collected in July (60%) = 60% * $654,500 = $392,700

Receivable as at 31 July = $654,500 - $392,700 = $261,800

8 0
3 years ago
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