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Pavel [41]
3 years ago
6

If revenues are recognized only when a customer pays, what method of accounting is being used?Recognition basisAccrual-basisMatc

hing basisCash-basisPeriodicity
Business
1 answer:
Dvinal [7]3 years ago
3 0

Answer:

The correct answer here is Cash basis.

Explanation:

One of the methods of recording accounting transactions for income and expenses is cash basis accounting , where the transactions are only recorded when income is received in cash or expenses are paid in cash. This accounting method is not accepted by GAAP (Generally accepted accounting principle ) and IFRS ( International financial reporting standards ) because this method violates the income ( revenue ) and expense recognition principle.

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Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill
SVETLANKA909090 [29]

Answer:

d. 1.0.

Explanation:

Four-firm concentration ratio is the ratio of the sales of the four largest firms in the industry relative to total industry sales. In industry B total sales is of $10 million and the top four combined have total sales of $10 million

Therefore, the four firm concentration ratio = $10 million/ $10 million = 1

Therefore correct answer is option B i.e. 1.0

7 0
4 years ago
Ge is disrupting itself by using reverse innovation to create low-cost health care diagnostic products in emerging markets. all
umka2103 [35]

ge is utilizing reverse innovation in order to protect itself from rivals.

<h3>What is  reverse innovation?</h3>

Reverse innovation or trickle-up innovation An innovation is one that is first noticed or used in the developing world before moving to the industrialised world. Dartmouth academicians Vijay Govindarajan and Chris Trimble, as well as General Electric's Jeffrey R. Immelt, popularised the term.

Reverse innovation is the process by which goods developed as low-cost prototypes to satisfy the needs of developing countries, such as battery-powered medical tools in countries with poor infrastructure, are repackaged as low-cost novel goods for Western purchasers.

The approach of innovating in emerging (or developing) markets and then distributing/marketing these inventions in mature ones is known as reverse innovation. Many businesses are creating items in rising markets such as China and India and then distributing them abroad.

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8 0
2 years ago
Managers can increase their ability to make nonprogrammed decisions that will allow them to adapt to, modify, and even drastical
BabaBlast [244]

Answer:

organizational learning

Explanation:

Organizational learning -

It refers to the method of modifying and transferring new concepts or information , which improves the performance of the company , is referred to as organizational learning .

The method is very beneficial for the company , which includes the methods like increases in production , using innovative methods , betterment of the relation with the investors .

Hence , from the given information of the question ,

The correct term is organizational learning .

7 0
3 years ago
Select the correctly punctuated sentence. he wanted to do the right thing but the situation was very confusing. he wanted to do
Eva8 [605]
The answer is B. He wanted to do the right thing, but the situation was very confusing.

3 0
4 years ago
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Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 100,000 shares of stoc
ELEN [110]

Answer:

$27.50

Explanation:

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3 years ago
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