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ankoles [38]
3 years ago
7

The concept or principle that states that companies should recognize revenue when goods or services are transferred to customers

for the amount the company expects to be entitled to receive in exchange for goods and services is referred to as the:
Business
1 answer:
nexus9112 [7]3 years ago
6 0

Answer:

core revenue recognition principle

Explanation:

Evenue recognition us defined as recognising a revenue when the collection of cash from a sale has been made or is reasonably assured. It is recognised in the period when it occurs.

The matching principle states that expenses are incurred when obligations are incurred, and revenue are recognised when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for goods and services.

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Duhhhhhhhh indont know I’m a middle school
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3 years ago
which protects tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishi
Ipatiy [6.2K]

The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

<h3>What is catastrophic cap benefit?</h3>

The catastrophic cap is known to be a word that connote the highest or maximum a person and their family can be able to pay so that they can be able to covered TRICARE health care services in all of the calendar year.

Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms  of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.

Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

Learn more about catastrophic  benefit from

brainly.com/question/13916894
#SPJ1

3 0
1 year ago
Cheapo Corporation sells products that are poorly made. Marcia, who has never bought a Cheapo product, files a suit against the
galina1969 [7]

Answer:

standing

Explanation:

Standing -

It refers to the situation , when the party who has filed the complaint on the court is not able to show any proof for the case filed , is referred to as standing .

It refers to the type of some medical report , any eye witness ,or any clue or proof against the other party , can be provided to the court .

Hence , from the given scenario of the question ,

The correct term is standing .

3 0
3 years ago
Sienna’s take home pay is $13,400. The company deducts $200 from her pay as part of her voluntary deductions. Her total tax dedu
dlinn [17]

Answer:

Gross pay= $20,000

Explanation:

She takes $ 13,400.

the company deducted $200 as voluntary deductions.

She had $13600 after paying tax 32%which is equivalent to 68%

$                      %

13600              68

x                      100

x= 13600*100/68= 1360000/100= $20,000

Her gross pay is $ 20,000

6 0
3 years ago
Kahn Performance Nutrition produces a protein shake that contains whey protein as one of its ingredients. The whey protein (mate
Radda [10]

Answer:

The correct answer is "-$7200 (Unfavorable)".

Explanation:

Given:

Actual quantity,

= 54000 pounds

Standard price,

= $3 per pound

Standard quantity,

= 4300\times 12

= 51600 \ pounds

As we know,

⇒ Material \ quantity \ variance=(Standard \ quantity-Actual \ quantity)\times Standard \ priceBy substituting the values, we get

⇒                                          =(51600-54000)\times 3

⇒                                          =(-2400)\times 3

⇒                                          =-7200 \ (Unfavorable)

8 0
3 years ago
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