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goblinko [34]
3 years ago
13

When does the all-events test under the accrual method require the recognition of income from the sale of goods?A. when the titl

e of the goods passes to the buyer.B. when the business receives payment.C. when payment is due from the buyer.D. the earliest of the above three dates.E. None of these.
Business
1 answer:
Alekssandra [29.7K]3 years ago
4 0

Answer: the correct answer is B, when the business receives the payment.

Explanation:

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aleksley [76]

The strategic move that is most likely being implemented by Flavor Bell in this scenario is "rejoinder".

<u>Option:</u> A

<u>Explanation:</u>

Rejoinder is a short answer that is always sharp or funny, or is a legal concept corresponding to a defendant's response to a complainant's complaint. In business firms like Sweet Cream and Flavor Bell, where both have same targeted audience i.e low-calorie ice-cream consuming customers.

In this case the rejoinder is the response which Flavor Bell gave to Sweet Cream by reducing the market price of their respective products to attract more and more customers by decreasing prices and increasing quality. Affordable or pocket friendly ice-creams with low-calorie is on demand so this rejoining process is the part of business.

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3 years ago
Tamara has $500 she is looking to save for a class trip. She wants to earn the most possible interest and will not need access t
Kay [80]
She would have to save up to $6,000
7 0
2 years ago
Read 2 more answers
Operating Costs
posledela

Operating Costs

3.Cost of actually running a business

This is a clear indication of the company's resource usage productivity.

Accounts Payable

6.Amounts of money the company owes to other companies for products

as this affect the overall short term debt, if this is lower, the better for the company.

Cash Flow

4.The movement of money in or out of a business

having a positive cash flow is good for investment and capital expenditures.

Startup Costs

2.Cost of starting up a business until it can pay for itself

these costs are most of the time unavoidable.

Gross Profit

5.Total Revenue - Cost of Goods Sold

Angel Investor

1.An investor who provides money to a business in exchange for debt or equity

however, the risk is that you might end up giving a significant controlling stake of the company to the investor.

3 0
3 years ago
True or false: Many companies are discontinuing defined-benefit plans and moving toward defined-contribution plans, which shifts
julsineya [31]

Answer:

False

Explanation:

A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis

Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount

5 0
3 years ago
A public good rev: 04_09_2018 Multiple Choice generally results in substantial negative externalities. can never be provided by
DochEvi [55]

Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

A public good is a good that is non excludable and non rivalrous. It cannot be  provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.

Public goods contrasts with club goods and private goods

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A private good is a good that is excludable and rivalrous.e.g. a privately owned car

6 0
3 years ago
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