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Alexxx [7]
3 years ago
11

Which accounting principle dictates whether the cost of a repair should be​ expensed?

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

Which accounting principle dictates whether the cost of a repair should be​ expensed?

d. matching

As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.

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What are two advantages and two disadvantages of the informal economy
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Answer:

Advantages of Informal Sector employment:

Some employers pay well because company owners do not have many tax obligations. Employee effort is directed towards achieving profit rather than satisfying irrelevant routines.

There can be a close and direct relationship with the employer, therefore making it easy to get permission when in need of time off.

You are saved the hassle of paying Pay As You Earn tax.

There’s no red tape when it comes to dealing with personnel issues which are expressly handled either by the employer him/herself, or a senior manager.

Sometimes employment is done on the spot with little emphasis on attending lengthy job interviews and countless aptitude tests.

Sometimes one is employed because of one’s personal relationship with the employer rather than on merit.

Disadvantages of Informal Sector employment:

Little or no job security.

Unprotected by labour laws.

Odd working hours.

No pension, insurance or health insurance scheme.

Summary dismissals.

Difficult to make any savings due to low wages.

A brief illness or injury or injury can mean no financial means to survive.

Explanation:

4 0
3 years ago
Charles wants to work for himself in the Transportation and Logistics career cluster. Which lists the jobs with the
FinnZ [79.3K]
The second one is the best chance to be self employed at because logisticians require a degree and there is less call for them.
6 0
3 years ago
Many U.S. millennials live at home longer than young adults in the past partially due to the economic recession. The recession i
Arte-miy333 [17]

Answer:

b. external

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When an economical event affects something in an indirect way, it is called an <em>external change</em>. It is expected for the economic recession to affect economic factors of course. However, it is imminent that it affects every-day life among people too. Economic factors directly influence life and habits of the U.S. consumer, as it is common for most economic changes.

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3 years ago
Marine Expeditors has three divisions. Division A is the core of the business and represents 80 percent of the firm's operations
siniylev [52]

Answer: 100%

Explanation:

The Weighted Average Cost of Capital calculates the required return needed to fund any of the company's projects because it shows the cost of capital of raising funds for that project.

The cost does not increase or decrease based on the proportion of a business that a department is as any department/ project will incur that cost. The cost of the new project will therefore be the same as the company WACC.

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You are not required to wear a helmet while operating a motorcycle if you can show proof that you are covered by an insurance po
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This situation related to the financial responsibility of the motorcycle driver to cover the accident. This situation regulated with a regulation called the Financial Responsibility Law.
8 0
3 years ago
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