The legal realism approach treats laws as a tool that needs to be regularly reexamined and adjusted. It defines legal rights and legal duties as whatever the courts say they are whereas "natural law" treats laws as evolved to reflect the principles found in nature. It’s a body of unchanging moral principles regarded as a basis for all human conduct.
Answer:
B
Explanation:
The Environemntal Protection Agency
The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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Answer:
Marco polo was among the first Europeans to describe many of the advance technologies found in China.
