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stira [4]
4 years ago
9

Select the incorrect statement regarding relevant revenues-relevant revenues differ between the alternatives being considered-pa

st or future revenues may be relevant-relevant revenues must make a difference in the decision under consideration-relevant revenues are identified in the same way as relevant costs
Business
1 answer:
blondinia [14]4 years ago
6 0

Answer: The incorrect statement regarding relevant revenues is "past or future revenues may be relevant-"

Explanation:  

Relevant revenue is one that differ between the options that are relevant to a decision. If an income will be the same regardless of the option selected, the decision has no effect on the income.

<u>So The relevant revenue is future.</u>

A past income has already happened and will be the same regardless of the decision that is made, therefore it is not relevant when making a decision.

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Bad White [126]
An employment office will help you find any job listed above as long as they have openings for that position. When you apply through an employment agency they will help match your characteristics and what you are looking for based on job vacancies. 
6 0
3 years ago
Martina invested her savings into her business when she started it. later she added more capital and she has kept some of her pr
musickatia [10]

Answer:

Owner's equity.

Explanation:

Owner's equity is the amount of ownership/value the owner has in the business after subtracting debt and liabilities.

8 0
3 years ago
Which of the following is TRUE? " When a market price allocates resources, everyone who is able to pay the price gets the resour
sladkih [1.3K]

Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.

Explanation:

The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.

For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.

7 0
3 years ago
If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in it
Rasek [7]

The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of  1.8 percent of its assets.

<h3>What do you mean by Duration Gap?</h3>

Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.

Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.

Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.

Learn more about Duration gap here:

brainly.com/question/7276068

#SPJ1

8 0
3 years ago
-transposition
Triss [41]

Accounting error are errors committed in accounting, which are not intentional.

<h3>What is accounting error?</h3>

These are unintentional errors committed in accounting, which are often corrected when spotted.

Matching each definition to each example is shown below:

  1. Ethan records $1,000 as a rent expense; however, the actual rent paid was $1,500  Original entry
  2. Ethan records stationery expenses as $251, but it should have been $215    Transposition
  3. Ethan records salaries of $5,000 as credits instead of debits. Reversal of entries
  4. Ethan made a subtraction error while analyzing the profit on the sale of an asset.  Calculation
  5. Ethan completely overlooked stationery expenses of $115.  Omission

Learn more about accounting errors here : brainly.com/question/25671660

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6 0
3 years ago
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