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allsm [11]
3 years ago
15

Sylvia records the purchases of inventory in the current accounting period even though she will actually pay for the inventory i

n the next accounting period. Which accounting principle does she comply with?
A)business entity concept
B)cash based accounting principle
C)accrual basis of accounting
D)going concern concept
Business
1 answer:
Sergio [31]3 years ago
6 0

The answer is: C.accrual basis of accounting

Accrual basis of accounting would record a certain transaction as soon as it happen, even though an exchange of payment has not been made. Compared to any other basis, accrued basis tend to the most likely to represent the actual financial condition of a company. This is why this basis is used as the current industry standard.

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Who is the son of the actress who played the mother-in-law of the “Sex and the City” character who graduated Harvard?
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Miranda Hobbes is the mother in law who graduated from harvard, she’s now a lawyer
7 0
3 years ago
suppose you pay $9,400 for a $10,000 par treasury bill maturing in 6 months. what is the annualized holding period return for th
Leni [432]

The annualized holding period return for this investment is 13.17%.

<h3>Define annualized total return.</h3>

The fund's annual return is calculated using the annualized total return to show the rate of return required to generate a cumulative return. A holding period is the duration of time an investor keeps an investment in their portfolio or the interval between buying and selling a security.

The geometric average of yearly returns for each year during the investment period is known as the annualized return. When comparing two investments with different time periods or examining an investment's performance over time, the annualized return can be helpful.

Annualized Return =(Future value + Present value) ^ (1 / N) - 1

= [10,000/9,400]^12/6 - 1

= (1.0638298)²-1

= 1.1317 - 1

= 13.17%

To learn more about to calculate annual return, visit:

brainly.com/question/17023498

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4 0
1 year ago
After Hiroshi’s client informs him that she was denied an apartment lease due to her race, he refers his client to the free lega
8_murik_8 [283]

Answer:

The correct answer is letter "B": Client/Student Advocacy.

Explanation:

The American Counseling Association (ACA) Advocacy Competency describes the set of capabilities counselors can use to help students, clients or individuals of a population in front of cases problematic cases.  

The Client/Student Advocacy refers to the power counselors have to act on behalf of students and clients in cases where the counselor has access to systems or processes students or clients do not. This advocacy is also useful when the clients do not want to engage in advocacy because they are afraid of retaliation.

7 0
3 years ago
What does a decrease in supply result in?
strojnjashka [21]

Answer:

The correct answer is option c.

Explanation:

A decrease in the supply will cause the supply curve to shift to the left. This leftward shift in the supply curve will further cause the demand and supply curve to intersect at a higher point.

As a result, there will be an increase in the equilibrium price and a decrease in the equilibrium quantity.

This also represented in the figure given below.

7 0
3 years ago
When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and re
elena-14-01-66 [18.8K]

Option C. When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

<h3>What is meant by reliability?</h3>

This is the term that is used to refer to the fact that the test is consistent and if it is replicated over and over again it is still going to keep producing the same results as it first did.

Reliability is one of the attributes or characteristics of a good test or research. Hence we can conclude that  When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

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3 0
2 years ago
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