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tamaranim1 [39]
3 years ago
9

Live Wire Hot Rod Shop follows the revenue recognition principle. Live Wire services a car on July 31. The customer picks up the

vehicle on August 1 and mails the payment to Live Wire on August 5. Live Wire receives the check in the mail on August 6. When should Live Wire show that the revenue was recognized?
Social Studies
2 answers:
Sedbober [7]3 years ago
7 0

Answer:

July 31

Explanation:

Revenue from a service or good rented or purchased must be issued and recognized exactly on the day the service and good were chosen and reserved by the customer, even if the customer will not use the service or good at that time. day and even if payment is made on another day. In this case, we can state that Live Wire must show that the revenue was recognized on July 31, because it was on that day that it made the car available for customer service.

Leviafan [203]3 years ago
4 0

Answer:

The Live Wire show that the revenue was recognized on july 31

Explanation:

Here the Servicing of car as been done on July 31 , so revenue should be recognized on July 31 only, since the revenue is recognized at time of rendering service or selling goods.

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while modern technology allows for almost instantaneous dissemination of information, some of its benefits for public relations
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Answer:

This is true.

Explanation:

While we all agree that the use of modern technology allows for almost instantaneous dissemination of information, yet some of its benefits for public relations practitioners are compromised by lack of time to manage certain kinds of information.

Public relations can play an important role in helping the organization build its brand, which is the collection of perceptions about the organization in the mind of the consumer.

Time constraint connected to the benefits of public relationship makes them to rush the process of collecting nice and quality perception about its organizarion from member of the society.

This hurry approach is a huge disadvantage as it makes the public relations officer lack adequate amount of time to analyse the data and disseminate the best or world standard service.

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3 years ago
A person who finds mislaid property does not obtain title to the goods, but rather becomes a __________ of those goods. A person
harkovskaia [24]

Answer:caretaker, lost, third party, lost, fails, conversion, incentives, abandoned, trespassing, abandoned

Explanation:A person who finds mislaid property does not obtain title to the goods, but rather becomes a __caretaker ________ of those goods.

A person who finds ___lost ___ property must return it to the owner if that person can be found, but has better claim to the property than a ___third party______. If the finder of ____lost ___ property knows the true owner, but ______fails ___ to return the property to him or her, the finder may be guilty of the tort of conversion________ . Estray statutes provide ______incentives ______ for finders to report their discoveries. A person who finds abandoned _____ property becomes the true owner of that property unless he or she finds it while __trespassing _______. A true owner of mislaid or lost property who gives up any further attempt to find has _abandoned ________ the property.

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2 years ago
Who was Jefferson davis and what job did he have during the civil war?
Semmy [17]
He was the President of the Confederate States of America. He ran the south during the civil war. <span />
7 0
3 years ago
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As an effective intercultural communicator, your best immediate response would be to accept the difference in standards for the time being even though you’re the top personnel on the team because you must understand that everything needs adjustment, especially in a Muslim country’s culture wherein they usually believe men rather than women.

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When people are distracted, they are more likely to fall prey to the fundamental attribution error. This occurs because internal
kolezko [41]

Answer:

This occurs because internal attributions arise from automatic processes, whereas external attributions arise from controlled processes.

Explanation:

The Fundamental Attribution Error is one's tendency to <em>explain an individual's behavior based on one's personal and internal factors.</em> It's judging others by one's own thoughts and ideas.

Let's understand both types of processes:

  • Automatic: <em>automatic cognitive ideas</em>. Once one learns to do something, he/she <em>won't have to think much about doing it later</em>. An example is driving.
  • Controlled: the individual is <em>conscious and aware of the process</em> and he she has to pay attention. An example is answering questions in an interview.

In summary, one's internal attributions arise from automatic processes because it's how he/she is used to think and external attributions come from the outside and are therefore controlled processes, which require the individual's attention. When there is a distraction and both attributions mix, the fundamental attribution error tends to occur.

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