Amounts are recognised as revenue under the modified accrual method of accounting when they are both measurable and accessible.
For the Governmental Funds, the modified accrual basis of accounting is applied. According to this foundation, revenues are recorded as soon as they become measurably available and susceptible to accrual.
Regardless of when they are due or collected, property tax revenue should be recorded in the period for which it was assessed. If earlier, it should be recorded at the beginning of the period for which levied or on the date the government has an enforceable legal claim to the resources.
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Answer:
65%
Explanation:
Given that
Sales = $979,000
Variable manufacturing expense = $232,000
Variable selling and administrative expense = $110,650
The computation of contribution margin ratio is shown below:-
Contribution margin ratio = (Sales - Variable manufacturing expense - Variable selling and administrative expense) × 100 ÷ Sales
= ($979,000 - $232,000 - $110,650) × 100 ÷ $979,000
= ($979,000 - $342,650) × 100 ÷ $979,000
= $636,350 × 100 ÷ $979,000
= 65%
<span>The display of authority by the manager can hinder the organization growth further. The manger has to understand the interdependency and cordialness of the team members which would help him solve complex situations. It seems that Connie and her staff are not on right track to prevent any mishap. A good interactive middle management team would be more helpful than a top down scenario.</span>
Answer:
The amount of nuts used by Glenn is:
1/3 cup of nuts
Explanation:
Given that:
Nuts in Recipe = 5/6
Glenn used nuts = 1/2 cups fewer nuts than in recipe
Glenn used nuts = 5/6 - 1/2
Glenn used nuts = (10-6) / 12
Glenn used nuts = 4 / 12
Glenn used nuts = 1/3 cup
Question:
The question is incomplete. What you are required to find was not stated. See below the remaining part of the question and the answer.
QRT Software has a ---------------- structure.
a. Team-bases
b. Matrix
c. Divisional
d. Virtual Network
e. Functional
Answer:
The correct answer is option (d) Virtual Network structure
Explanation:
Virtual network structure simply means a structure that is formed by creating alliance of several organization outsourced for the aim of developing products for the customers.
This structure allows an organization to focus on a core competency. The structure uses outsourcing extensively to achieve organizational goals and decision making is highly centralized.