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Liono4ka [1.6K]
3 years ago
6

Matching is:________.

Business
1 answer:
Kay [80]3 years ago
5 0

Answer:

A. It is a valuation method.

Explanation:

The matching principle is used to assign same costs with the same revenues. For example the inventory bought to make the product would be assigned like wise to assure the guideline of matching principle.

It is a valuation method.

It is used to evaluate the accounting procedures.

For example let us assume that we are selling candies. But the advertisement is run once the candies have been manufactured and sealed. So the matching principle states that the advertisement expenses to be included in the income statement having the corresponding stock of candies manufactured and sold.

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8 0
3 years ago
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To achieve its goal of increased market share, restaurant y launched a program that awards grade-school students a free cupcake
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3 0
4 years ago
Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento
nignag [31]

Answer:

97.8 or 98 items

Explanation:

A items:

= Percent of items in inventory × No. of items

= 0.1 × 6,800

= 680

B items:

= Percent of items in inventory × No. of items

= 0.31 × 6,800

= 2,108

C Items:

= Percent of items in inventory × No. of items

= 0.59 × 6,800

= 4,012

Units to be counted everyday:

=\frac{A\ items}{workings\ days} + \frac{B\ items}{workings\ days} + \frac{C\ items}{workings\ days}

=\frac{680}{22} + \frac{2,108}{61} + \frac{4,012}{124}

      = 30.90 + 34.55 + 32.35

      = 97.8 or 98 items

7 0
3 years ago
Current expenditure is money spent on goods and services consumed within:
Fiesta28 [93]

Answer:

A) one year

Explanation:

As the name implies, current expenditure is an accounting term used to classify the total cost incurred on an item presently (or currently) within one year.

For example, It would be out of place to classify the projected cost of renting a facility in the next three years as a current expenditure if payment would be made in the future.

5 0
3 years ago
To a retail business owner, what is “cost”
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Entrepreneur magazine reports startup costs between $2,000 and $50,000 for different retail enterprises, from antique furniture sales to musical equipment sales. A figure of $30,000 to launch a retail operation is a good median number to work with.
totally answer
4 0
3 years ago
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