Revenue and liability has influence on reported financial statements because;
- it understates liabilities
- it overstates revenues
<h3>What is revenue and liability?</h3>
Revenue serves as the money that is been generated by the company as a profit while a liability serves as future sacrifices of economic benefits.
However, recognizing something as revenue instead of liability is dangerous because it can results in overstated net income.
Learn more about revenue at;
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The answer is project. <span>In a matrix organization, each employee reports to a functional and a(n) project manager. you can look it up on quizlet.</span>
Peter is consulting someone who sells commercial real estate. Peter wants to make sure he's in a good place business wise and that it is the best time before he makes the purchase for a new building. By consulting the agent, he can get a better understanding of when the right time to purchase will be.
Answer:
a collection of screen names, like on your phone where you keep all your friends' phone number
The best answer is D. The sector that will have a very limited influence in a pure market economy is the government. A pure market economy is an economic system that solely relies on the markets to distribute the resources. A theoretical pure market economy has no involvement of the government, only the markets decides on everything.
