1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ludmilkaskok [199]
3 years ago
14

Using accrual accounting, revenue is recorded and reported only a.when cash is received at the time services are rendered b.when

cash is received without regard to when the services are rendered c.if cash is received after the services are rendered d.when the services are rendered without regard to when cash is received
Business
1 answer:
Veseljchak [2.6K]3 years ago
8 0

Answer:

d.when the services are rendered without regard to when cash is received

Explanation:

Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It  does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.

You might be interested in
Inflation can impose significant costs and adversely distort economic systems. Indicate whether the costs and distorting effects
kaheart [24]

Answer:

1. Menu costs

- Can lead to stores listing prices in more stable currencies.

- Causes costs associated with changing prices in stores.

2. Shoe-leather-costs

- Discourages people from holding money.

- Spending time converting money into something that better holds value.

3. Unit-of-account costs

- Can reduce the quality of economic decisions.

- Makes money a less reliable source of measurement.

- Can cause distortion to the tax system.

- Causes difficulty in firms and individuals financial planning.

3 0
3 years ago
Financial ratios that reflect the degree to which a firm relies on borrowed funds are called ________ ratios. leverage liquidity
Vanyuwa [196]
Leverage would  be your answer.

3 0
3 years ago
You are considering acquiring a common stock that you would like to hold for one year. You expect to receive both $1.25 in divid
ANTONII [103]
The answer is A ! Hopefully this help!
6 0
2 years ago
A "foreign bond" issue is
cupoosta [38]

Answer:

d. both b and c

A foreign bond is when a foreign entity issues a bond in a local market and in local currency so for example if a Italian company issued a bond to borrow money from American markets, and the bond was issued in USA and it's currency was dollars then it would be classified as a foreign bond so in this case both B and C are correct because a German MNC issuing dollar denominated bonds is an example of a foreign entity issuing a bond in a local market denominated in local currency, and a bond issues by a foreign borrower to investors in national market and denominated in that nation's currency is also an example of a foreign bond

Explanation:

7 0
2 years ago
Equally weighted indexes do not correspond to buy and hold portfolio strategies. true false question. true false
Svetllana [295]

Equally weighted indexes do not correspond to buy and hold portfolio strategies. this statement is true.

An index is a measure or measure of something. In finance, it usually refers to a statistical measure of changes in the stock market. For financial markets, stock and bond market indices consist of hypothetical portfolios of securities that represent a particular market or segment thereof.

An index is a list of words or phrases and clues to where useful material about that heading can be found in a document or collection of documents. Examples include an index on the spine of a book or an index that serves as a library catalog.

Learn more about indexes  here

brainly.com/question/22930696

#SPJ4

4 0
1 year ago
Other questions:
  • Beatty, Inc. acquires 100% of the voting stock of Gataux Company on January 1, 2012 for $500,000 cash. A contingent payment of $
    11·2 answers
  • A company manufactures 1,200 cylinders per day, each requiring a pressure gauge. The purchase price of the pressure gauge is $3.
    13·2 answers
  • A business buys motors that it uses to make blenders and mixers. The motors are an example of?
    7·1 answer
  • Select all that apply What is the difference between an adjusted trial balance and an unadjusted trial balance? (Check all that
    10·1 answer
  • At December 31, 2020, Pharoah Company has outstanding three long-term debt issues. The first is a $2,370,000 note payable which
    5·1 answer
  • The Cutting Department of Sheridan Company has the following production and cost data for July.
    15·1 answer
  • Herbert Simon (cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion,
    11·1 answer
  • What economic goals does centrally planned economy address?
    11·1 answer
  • _____ are specific repayment conditions as to how long customers have to pay bills and the amount of cash discount allowed.
    14·1 answer
  • What type of scheme is being used when an individual is asked to make an upfront payment in order to gain access to a larger amo
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!