The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
<u></u>
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.
To learn more about revenue recognition principle, click
brainly.com/question/28204542
#SPJ4
Answer: (A) Efficiency
Explanation:
According to the given question, Nate is start learning swimming and he needs improvement based on his efficiency as it is the ability for producing the desirable result by avoiding all the negative circumstances.
As, Nate always splash water on lifeguard during the swimming so that is why he improves his performance more efficiently.
The efficiency is the process that reduce or avoid all the unnecessary resources like physical material and helps in achieving the high result. Therefore, Option (A) is correct.
Explanation:
Sam anssred the Two you have any idea
Money is the root for evil
While epidemic disease was a leading factor of the population decline of the American indigenous peoples after 1492, there were other contributing factors, all of them related to European contact and colonization. One of these factors was warfare.
