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m_a_m_a [10]
3 years ago
7

The matching concept a. determines that expenses related to revenue be reported at the same time the revenue is reported b. addr

esses the relationship between the journal and the balance sheet c. determines whether the normal balance of an account is a debit or credit d. requires that the dollar amount of debits equal the dollar amount of credits on a trial balance
Business
1 answer:
OLga [1]3 years ago
6 0

Answer:

The correct answer is letter "A": determines that expenses related to revenue be reported at the same time the revenue is reported.

Explanation:

According to the matching accounting principle, during the same accounting period, the revenues and expenditures needed to generate such revenues have to be recorded. This is part of the accrual accounting method that specifies expenses and revenue must be recorded when incurred not when cash is received.

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A business owner makes 50 items by hand in 40 hours. She could have earned $20 an hour working for someone else. Her total expli
SOVA2 [1]

Answer:

- $250

Explanation:

The economic profit calculation is presented below:

= Total revenues - explicit cost - implicit cost

where,  

Total revenues = Explicit revenue × implicit revenue

= $15 × 50 items

= $750

Explicit cost = $200

Implicit cost = $20 × 40 hours = $800

Now place these values in the formula above

So the value would be equal to

= $750 - $200 - $800

= - $250

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3 years ago
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Answer: flexible manufacturing

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4 0
3 years ago
The phrase "walk the talk" means:
Nutka1998 [239]

Answer:

The phrase walk the talk means To perform actions consistent with one's claims

In this case the answer is (C) ​that management lives the ethical standards established in the code of ethics as the management has to follow the ethical standards it set for itself.

Explanation:

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How can the military support your career goals
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Answer:

you can get money to further your education, also engage in stem activities.

Explanation:

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When applying for a loan, the lending institution evaluates a potential borrower's ability to complete repayment on a loan, cash
viktelen [127]

Answer:

D. Capacity

Explanation:

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6 0
3 years ago
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