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Ne4ueva [31]
3 years ago
9

Which of the following statements are correct?

Business
1 answer:
ahrayia [7]3 years ago
8 0

Answer:

For accrual basis:

(1) record revenues when earned

For cash basis:

(3) record revenue when cash is received

Explanation:

As per accounting systems:

Accrual basis follows the periodic system in which revenues and expenses are recorded as and when they are incurred, as for revenue when it is earned, and for the period to which it relates is recorded at that time,

As in this it does not matter that cash is received in advance or after some period, the transfer of risk and reward matters.

In the case of cash basis all expenses and revenues are recorded as and when there is any cash inflow or outflow related to the same.

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Vornoda Inc., a multinational clothing and accessory brand, has been facing huge economic losses due to unpredictable exchange r
kati45 [8]

Answer:

consider opening manufacturing companies in each nation

Explanation:

According to my research on different multinational businesses, I can say that based on the information provided within the question Vornado should probably consider opening manufacturing companies in each nation. By doing this and working only in the currency of that nation they can calculate the prices correctly and not take losses because of the exchange rates.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
Tonya Jefferson, a sole proprietor, runs a successful lobbying business in Washington, D.C. She doesn't sell many business asset
melomori [17]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
7 0
3 years ago
What is legislative ​
kari74 [83]

Answer:

having the power to make laws

Explanation:

6 0
3 years ago
Read 2 more answers
Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy ch
Kay [80]

Answer:

Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy changes will result in an increase in the _population of immigrants_______, causing __increased economic performance resulting from increased supply of highly skilled labor, productivity, and GDP and not to forget increased diversity with its attendant benefits and costs_____.

Explanation:

Immigration is the movement of non-natives or citizens into a country from other countries.  If the number of immigrants outnumber those emigrating, the population of the country will increase relatively.  To boast population, increase diversity, and energize an economy, some countries deliberately embark on programed immigration and acceptance of highly skilled workers.  As they come in, they come with their families, some will bear more children, and there will be increased relationships between the immigrants and the domiciled citizen population.  The economy of the country will be revitalized since they are highly skilled workers, and there will be increased productivity and beneficial changes in the GDP.  Human diversity has many attendant benefits and burdens.  Whichever one that outweighs the other depends on factors prevalent in the particular country.

4 0
3 years ago
This is just a question about how Brainly works.
Pie

im not sure why you cant delete them, but from research, it says only 10 mins or less. or if your unlucky, 14 days. sorry of i couldint help.

5 0
2 years ago
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