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Olin [163]
3 years ago
12

The revenue recognition principle says Question 2 options: A) divide time into annual periods to measure revenue properly. B) re

cord revenue only after you have earned it. C) measure revenues and expenses in order to compute net income. D) record revenue after you receive cash.
Business
1 answer:
lisov135 [29]3 years ago
7 0

Answer:

The correct answer is letter "B": record revenue only after you have earned it.

Explanation:

Revenue Recognition is an accounting term that describes how and when a company reports revenue in its ledger. It is also part of the Generally Accepted Accounting Principles (GAAP). Using the accrual accounting method, revenue must be recorded when it is earned not when the company collects the cash proceeding.

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At a production level of 5,150 units, a project has total cash costs of $130,789. The variable cost per unit is $11.07, and the
Sphinxa [80]

Answer:

d. $73,778.50

Explanation:

Variable Cost = $11.07 per unit x 5,150 units = $57,010.50

Total Cost = $130,789

Fixed Cost = Total Cost - Variable Cost

Fixed Cost = $130,789 - $57,010.50

Fixed Cost = $73,778.50

Since Depreciation is the Fixed Cost and we have been given the Total Cost of the Project, so the Depreciation is already included in the Fixed Cost.

Hence Total Fixed Cost is equal to $73,778.50.

3 0
3 years ago
Potatoes cost Janice $1.00 per pound, and she has $6.00 that she could possibly spend on potatoes or other items. Suppose she fe
Minchanka [31]

Answer:

a. How many pounds of potatoes will she purchase?

3 pounds

Janice will purchase potatoes as long as the value she assigns to them is higher than the price of potatoes. She values the first 3 pounds at more than $1 per pound. But Janice only values the subsequent pounds of potatoes at $0.30 per pound and that is lower than their price.

b. What if she only had $3.00 to spend?

she would still buy the 3 pounds

5 0
3 years ago
The equipment salesperson asked the professional landscaper, "Did you know the RedMax brand backpack blower can save you time an
Greeley [361]

Answer:

B. customer benefit

Explanation:

Based on the information provided within the question it can be said that the salesperson was using a customer benefit approach. This refers to when a salesperson states the ways and features that will make the product or service valuable to the customer. This is what the salesperson was doing in this situation by stating that the product can save the person time and money with it's features thus adding value.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Which skills would be the most beneficial for a computer help desk technician?
tangare [24]
<span>Which skills would be the most beneficial for a computer help desk technician?

</span>
<span>B. research skill</span>
4 0
3 years ago
Read 2 more answers
Identify the claim. ""The cost of poor health among uninsured people was almost $125 billion in 2004. "" ""The financial burden
romanna [79]

The condition of uninsured people in the United States is very well written in the paragraph where it highlights the fact that uninsured people are less likely to receive care and more likely to have poor health status.

<h3>What do you mean by medically uninsured?</h3>

In the US, more or less than 50 million do not have health insurance, and an additional 10-20% of people do not have insurance.

Uninsured are not eligible for Medicaid, which is the safety net for most Americans, because they do not qualify for country-based benefits, dependent assistance families, or do not meet other financial or class conditions.

The financial burden of medical care is high on uninsured individuals. It is told that most of them disappear as they do not have enough money to cover the high medical expenses.

Thus, we can say that uninsured people are less likely to receive care and more likely to have poor health status due to lack of finance.

To learn more about medically uninsured, refer to the link:

brainly.com/question/25793763

7 0
3 years ago
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