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maks197457 [2]
3 years ago
9

The primary difference between the accrual basis and the cash basis of accounting is:

Business
1 answer:
ryzh [129]3 years ago
5 0

Answer:

The correct answer is letter "A": The timing of when revenues and expenses are recorded.

Explanation:

The main difference between <em>accrual basis</em> and the <em>cash basis</em> of accounting is that with the accrual basis revenue is recognized when it is earned while expenses are recorded when they are invoiced, not necessarily paid. On the other hand, with the cash basis of accounting method, revenue and expenses are recorded when the transactions are realized.

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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $300,000 for extrac
melomori [17]

Answer:

The cost of depletion in the current year is $90,000

Explanation:

Santa Fe's current year cost of depletion=cost of rights*Turquoise extracted in the current year/total estimated turquoise to be extracted

cost of rights is $300,000

turquoise extracted in the current year is 1,500 pounds

total estimated turquoise to be extracted over a five-year period is 5000 pounds

cost of depletion in the current year=$300,000*1500/5000

                                                           =$ 90,000.00  

By extension profit for the year assuming no other costs were incurred is :

$200,000-$90,000=$110,000

4 0
3 years ago
Which of the following is an example of Brazil undertaking importing?
pishuonlain [190]
I think it’s B but somebody correct me if I’m
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7 0
3 years ago
In our class discussion of Cultural Pollution, we heard an example of provocative ads for Clearasil that upset come parents. In
vesna_86 [32]

Answer:

The correct answer is allowed to run; consumers will stop buying products if the ads are offensive.

Explanation:

The world of advertising is so big and rich that it is difficult to make a judgment about it. To please all the people who will see an advertisement to buy the product that is advertised, is a titanic work carried out by designers, the creators. The truth is that I can not imagine how they get so many ideas from their brain, I guess there will come a time when they run out, right?

Well, maybe not now, but in other times, the ads that were made were really bad and especially inappropriate and even violent, but still, the companies published them and people welcomed them, because otherwise, I can't understand , why they allowed this type of commercial to advertise a product.

8 0
4 years ago
In which performance appraisal method are various performance levels shown along a scale that incorporates only positive perform
Hatshy [7]

Answer:

Behavioral observation scales (BOS).

Explanation:

Performance appraisal is a formal systematic process combining both written and oral elements for reviewing and evaluation of individuals or a team's task performance in an organization. It helps employers to understand the abilities of their employees for further growth, training and development. One of such tool for performance appraisal is

Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.

This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.

Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.

6 0
3 years ago
Tell me about yourself:
Artist 52 [7]
That is great but add a bit more of a closing sentence (pls give me brainleist )
3 0
3 years ago
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