Answer: The correct answer is c. Expenses are reported on the income statement when cash is paid.
Explanation: Matching principle states that expenses are matched with the related revenue in the same period, that is, expenses incurred to generate related revenue are recorded during the same time interval the related revenue is recorded in order to show the true and fair position of the profitability of the company.
Based on the above definition, <u>only option C does not align with the matching principle</u><u> </u>because expenses should be recorded in the income statement when incurred and NOT when cash is paid. If it is recorded when cash is paid, it means <em>cash basis of accounting</em> is being applied.
The trouble the manager faces: A decision can be described as a path of motion purposely chosen from a hard and fast of options to reap organizational or managerial targets or dreams.
The definition of a manager is a person answerable for supervising and motivating personnel and for steering the progress of a business enterprise. An instance a manager is a person that is in charge of customer service deals with consumer disputes and oversees and supervises customer support dealers.
Manager . a boss is absolutely the individual above you inside the company hierarchy, even as a manager is someone who has a degree of control or obligation within the organization or employer. an MD is a person that is supervising you.
A supervisor is a professional who takes a leadership position in an organization and manages a crew of personnel. frequently, managers are answerable for coping with a specific department of their enterprise. there are many varieties of managers, however, they usually have obligations like undertaking performance evaluations and making choices.
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He must pay back 20268.32 of amount after borrowing 16000 for 8 years at the interest rate of 3% for one year.
<h3>How to calculate loan amount ?</h3>
- The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest , defaulted payments, interest on defaulted payments, principal, and interest on unpaid principal.
- The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount.
Amount he borrowed = 16000
No. of years = 8 years
Rate of interest = 3%
Calculate full amount (A) :
Equation for A = P(1 + r/n)^(nt)
A = 16000(1 + .03)^8
A = 20268.32
He need to pay 20268.32 after 8 years.
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answer A are required to form a partnership by federal law
Answer:
C. Buyer Persona
Explanation:
Buyer persona is defined as a semi- fictional representation of the IDEAL customer for a company or business based on research and real data about the company's or business existing customers.
The mapmaking company created a fiction "best" customers based on information gotten.
Companies and businesses uses buyer persona for market strategies. They also use it to help their sales team build a rapport with potential customers.
It is a research based profile that depicts a target customer.
