The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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He is using the "Labeling" aspect of the categorization part of the perception process.
Labelling is portraying somebody or something in a word or short phrase.[1] For instance, depicting somebody who has infringed upon a law as a criminal. Labelling hypothesis is a hypothesis in human science which credits marking of individuals to control and distinguishing proof of degenerate conduct. It has been contended that labelling is fundamental for communication. However, the utilization of the term is frequently proposed to feature the way that the name is a depiction connected all things considered, as opposed to something characteristic for the named thing.
Answer:
Social harmony can be defined as the state of well-being and peace between the different individuals that make up a society. Thus, the main objective or component of this concept is precisely the possibility of this society to develop with total normality, avoiding political, religious or cultural conflicts between its different members, tolerating ideological differences or criteria, and considering the differences as enriching and not as causes of conflict.
B. Law enforcement as there are state agencies like DPS and federal like CIA/FBI
Answer: the colonists felt like the government had to much power
Explanation: they had power over everything colonists had not say in anything