Answer:
The Matching principle.
Explanation:
Matching principle is the accounting principle that requires that the expenses incurred during a period should be recorded in the same period in which the related revenues are earned. This principle recognizes that businesses must incur expenses to earn revenues.
The principle is at the core of the accrual basis of accounting and adjusting entries.
Answer:
A. Market Timing
Explanation:
Based on the information provided within the question it can be said that the term being described within the question is called Market Timing. Like mentioned in the question this term refers to a strategy of buying and selling different financial assets, usually by trying to take advantage of price discrepancies in the short term.
Answer:
South Dakota
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South Dakota does, in fact make the greatest use of custodial treatment, incarcerating 672 delinquents in juvenile facilities per 100,000 juveniles in the population.
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Hope this helps!
$175 is Amy's tax basis in the stock received in the exchange
Solution:
The principle of taxes of the owner is equal in the exchanged land,
when the company assumes responsibility.
If Amy is to sell the stock at $630,
the loss is (630-455) $175,
equivalent to $175, which is the amount of a late loss.
Answer: incidental beneficiary
Explanation:
An incidental beneficiary refers to an individual who isn't a party to a contract but later becomes a third party beneficiary who is unintended to the contract.
It should be noted that the incidental beneficiary has no rights that are enforceable under the contract. With regards to the question, Jim suffered losses as a result, but he had no rights in the contract because he was an incidental beneficiary.
