1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ollegr [7]
3 years ago
6

The matching principle is best demonstrated by:________.

Business
1 answer:
aniked [119]3 years ago
7 0

Answer:

d. Allocating the cost of an asset to expense over the periods during which benefits are derived from the asset

Explanation:

The matching principle is an accounting concept which states that the expenses incurred by a company and the revenue earned by the company should be recorded in the period to which they relate to. This means that for every revenue earned and expenses incurred, both must be matched on the company's income statement in the period the transactions occurred.

One of the benefits of matching principle is that it affords investors to see a normal income statement where revenues and expenditure are placed side by side hence enable them to know the true picture of the business. It therefore means that allocating the cost of an asset to expense over the periods during which benefits are derived from the asset is a matching principle concept in accounting.

You might be interested in
A client who has depression is admitted to treatment on a voluntary basis. While in the hospital, the client makes several comme
GuDViN [60]

Answer:contact the psychiatrist for initiation of commitment proceedings.

Explanation:

This proceeding may legally order a person to receive psychiatric treatment at the hospital because the person is seen to may be danger to themselves and suspected that they may commit harm against their own body.

Some people may refuse treatment because they don't feel like they need the treatment and believe there is nothing wrong with them hence an initiation of commitment proceeding may be crucial to give them the help that they actually need.

A person who says they wish to end it all may end up taking their own lives if they are not admitted to a psychitric treatment.

6 0
3 years ago
You observe the following term structure: Effective Annual YTM 1-year zero-coupon bond 5.2 % 2-year zero-coupon bond 5.3 3-year
Lisa [10]

Answer:

Explanation:

a. If you believe that the term structure next year will be the same as today’s, calculate the return on (i) the 1-year zero and (ii) the 4-year zero.

b. Which bond provides a greater expected 1-year return? O 1-year zero-coupon bond O 4-year zero-coupon bond

The return on one year bond is = 5.2%

The price of 4 year bond today

=\frac{ 1000}{ (1.055)^4}

Price of 4 year bond today = 807.22

If yield curves is unchanged, the bond will have 3-year maturity and price will be

=\frac{  1000}{(1.054)^3}

If yield curves is unchanged, the bond will have 3-year maturity and price will be = 854.04

Return

=\frac{ (854.04 - 807.22)}{807.22}

Return = 5.8%

The longer term bond has given the higher return in this case at it's YTM fell during the holding period(4 -year)

8 0
3 years ago
How widely used are private correctional companies to operate jails?
Kobotan [32]
Not very, most of the time CO’s are underpaid so they can have mass amounts of them.
7 0
3 years ago
An individual who thinks technology’s role in the workplace is always good is sometimes called a(n)​
WINSTONCH [101]

Answer: utopian

Explanation:

An utopian is an individual who thinks technology’s role in the workplace is always good. An utopian simply wants everything to be perfect and believes that technology plays a vital role in the organization.

The utopian believes that technology can help speed up efficiency at workplace and increase output.

6 0
3 years ago
Fosters Manufacturing Co. warrants its products for one year. The estimated product warranty is 2% of sales. Assume that sales w
motikmotik

Answer: Please see answer in explanation column

Explanation:

a)Account titles and explanation                  Debit                         Credit

Warranty Expense                                       $30,000

Warranty Payable                                                                           $30,000    

Calculation :

2 % x $1,500,000 =$30,000

b) Account titles and explanation                  Debit                         Credit

Warranty Provision                                           $445

Materials                                                                                             $325

Salaries Payable                                                                                  $120

7 0
2 years ago
Other questions:
  • Plz help I need all the. AWNSERING you can do
    12·1 answer
  • Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.
    14·1 answer
  • Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly dem
    8·1 answer
  • Investment can be increased both by reducing taxes on private saving and by reducing the government budget deficit.
    12·1 answer
  • A firm’s liquidity level decreases when:_______.
    6·1 answer
  • Timothy Company has invested $1,000,000 in a plant to make vending machines. The target operating income desired from the plant
    9·1 answer
  • The marketing decision and research problem should be defined clearly so that a. communication between the researcher and the de
    5·1 answer
  • If MM's proposition II without taxes is true, what is the return to investors who invest $20 in a stock, borrow another $20 to b
    11·1 answer
  • A retirement account in which investments are not tax-deferred but can be
    6·2 answers
  • Do you ideally want to have a high credit score or low?.
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!