The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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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.
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Answer:
Distress
Explanation:
Distress is a psychological unpleasant state of mind. It impacts the level of functioning of a person. It is called psychological distress that affects the daily routine of a person's life. In a distress condition, an individual see the environment, people in a negative way. Sadness, distress, anxiety all are the symptoms of the psychological distress state of mind of a person. It is been called that no two people have the same experience of the same event.
Thus here in the above statement Pam experiencing the major depressive episodes and she feels distressed. Thus Pam's discomfort is the example of the distress that is associated with a psychological abnormality.
Answer:
A.
Que la población urbana obtuviera de forma eficiente agua para su aseo y alimentación.
Explanation:
espero que esto ayudó a :]
The South thought that its secession from the Union would succeed because:
C. The South only had to defend itself against the North, not defeat it.
