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harina [27]
3 years ago
5

Although income is earned continuously, companies measure income for a specific period of time. Accountants refer to this practi

ce as:________a) unit of measure assumption.b) time period assumption.c) matching principle.d) continuity assumption.
Business
1 answer:
motikmotik3 years ago
3 0

Answer: Time period assumption.

Explanation:

The time period assumption is an accounting standard that enables businesses to record their financial activities for a given time frame ( it could be a measure of either yearly, half yearly, monthly, weekly or daily financial activities).

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If a seller wants to increase revenue from the sale of a product with a price elasticity of demand coefficient of 1.6, then the
Zielflug [23.3K]

It is an elastic good and to increase the revenue, the producer should decrease the price of the good.

<u>Explanation:</u>

The good that has a price elasticity of demand with a coefficient of 1.6, the good is said to have elastic demand. For such a good, the producer should decrease the price of that good to increase its revenue. With the decrease in the price, the demand of the good will increase significantly. This will help him increase his revenue.

6 0
4 years ago
The more redundancy, the better your network is. True or False??
Elina [12.6K]

the answer is false, hope this helps

8 0
4 years ago
1) Illustrate how the type of work that he or she does influences a person's lifestyle. For example, contrast a farmer, a factor
steposvetlana [31]

Answer:1)The type of one job influences his lifestyle

2)No

3) value of self services in an economy includes improved customer services,more convenient , reduced overhead cost, customer satisfaction, increase productivity.

Explanation:Type of job tells a lot about people lifestyle,eg a person who spend very long hours at work hardly have adequate rest and social life.

Contrasting between farmers, school teacher and factory worker,the factory workers are semi skilled,teachers skilled and farmer could be non skilled ,the school teacher schedule is always fixed 8am to 4pm for instance so they are more organized,they are mostly in formal attire while a factory worker run shifts and may be see in safety boots and overall and may have little or erratic schedules .the farmer on the other hand has no schedule ,has relaxed routine,wear casuals and not necessarily tidy,does things when willed as most are self employed.

Even in their eating habits,farmers eat more of fresh food,while teachers eat processed foods and factory workers are more likely to eat junks or snacks.

While a school teacher may be seen with books ,a factory worker may be seen with machines and equipment and farmers with tools ,tractors etc

2)An economy can only thrive on goods and services,as both are needed for survival,a service person need commodities like foods,clothes etc to survive while a good traders cannot do without services like transportation,banking etc

3)the value of self service include overhead cost reduction,self service involves customer serving themselves with limited involvement of a third party or vendor e.g payment at pos at gas station, uses of ATM for cash withdrawal etc.

The organization uses less resources like staff,PCs to run self service this fund can be invested in other areas.

Increase customer service occurs as a result of self service , customer can do their trasaction at their pace and convenience.

4 0
3 years ago
Municipal bonds are issued by what?
maw [93]

Answer:

Hi, the correct answer to your question is they are securities issued by states, cities

etc/more.

Explanation:

They mostly do this for building like highways, roads and more. It is used to raise more money to build important things for our environment.

Hope this helps! :)

5 0
3 years ago
Ace Technologies, Inc., wants to issue securities for sale to the public. With respect to this issue, the essential purpose of t
aleksandrvk [35]

Answer:

require disclosure of all essential information concerning the issuance of securities.

Explanation:

The Securities Act of 1933 was considered the first federal legislation which is used to regulating the stock market. This act took the power away from the states and it gave the powers to the federal government. The Securities Act also created an uniform set of rules which is used to protect the investors against any kind of fraud. President Franklin D gave his assent to this act.

In the context, if Ace Technologies wants to issue securities to the general public for sale, Ace Technologies should disclose all the essential information about the issuance of the securities according to the Securities Act of 1933.

7 0
3 years ago
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