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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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An employee at Falcon Security is studying an analyst of data regarding the occurrence of problems and failures with its drones camera. Based on the analysis, the employee may schedule maintenance on the equipment Falcon Security is using the analysis to decision making.
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3 years ago
An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a(n) ___________
Law Incorporation [45]

An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a "general" partner.

A general partnership, the essential type of association under common law is a course of action by which at least two people consent to partake in all advantages, benefits and monetary and legitimate liabilities of a business. Such partners have boundless liability, which implies their own assets are at risk to the partnership's commitments.  

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3 years ago
A vendor asks its business partners to place logos or banners on their Web sites. If customers click on a logo, visit the vendor
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Answer: Affiliate marketing

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3 0
3 years ago
A pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clie
gavmur [86]

Answer:

Non-piracy.

Explanation:

If a pharmaceutical research firm prohibits the employees who leave the firm from soliciting business from former customers or clients for a period of two years. This best exemplifies the non-piracy clause.

A non-piracy clause is a legal framework which provides protection for companies from an ex employee who has left. This clause states that ex employees are prohibited from soliciting business from former customers or clients either directly or indirectly for a period of two years.

<em>For instance, if Joyce works for XYZ pharmaceutical company that uses a non-piracy clause and later dropped a resignation letter or was laid off for a disciplinary action, she's prohibited from taking contracts from XYZ' customers for a period of two (2) years. </em>

8 0
3 years ago
Stephanie, a manager, came into your office last week to complain about her employees. "I just don’t get the respect I deserve,"
Grace [21]

Answer:

A. Coercive

Explanation:

Stephanie, the manager seems to be demanding respect from her subordinates in a forceful way.

To coerce means to persuade an unwilling person to do something by threats or force.

Stephanie is frustrated because her method of coercion has failed to work on her subordinates so she has gone to report to a higher authority.

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3 years ago
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