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:
A perfect approach is to make dictionaries accessible to the students and give students that have reduced proficiency additional time to complete given course works or quizzes while other students can work independently. This will help improve things generally.
Answer:
Overgeneralization
Explanation:
In psychology, Overgeneralization is a term used to describe an issue that affects mostly mentally ill people with anxiety or depressive disorders on a regular basis. It occurs when someone thinks and applies only one experience and generalize it to all other experiences, including those yet to occur. In this case, just for once that her professor did not say hello back to her, she is already thinking of the future (if she would pass the class) and if her professor was angry at her.
The government controlled agriculture through collective farms.
Answer: a. quid pro quo harassment
Explanation: In legal terms, a quid pro quo is a form of sexual harassment that can be found mostly in working places. It is a situation where one is of a superior position or standing and demands sexual relations as a favor from the other. It is commonly known as "this for that" or "scratch my back and i scratch yours" with sexual relations as the catalyst.
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