1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
777dan777 [17]
4 years ago
7

Revenue is traditionally recognized in the accounting records when

Business
1 answer:
Sophie [7]4 years ago
3 0
When Services are rendered, revenue is traduitionally recognized in the accounting records. The option you are looking for is B. Hope this works for you.
You might be interested in
A banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction
Anna007 [38]

Answer:

Mortgage Broker Dual Agency Disclosure Form

Explanation:

The Mortgage Broker Dual Agency Disclosure Form is a document a broker needs to fill in when he/she acts as a mortgage broker and real estate broker in the same operation to inform the buyer and the seller before he/she can provide the services and it must be signed by both parties. So, according to this, the answer is that a banking department form required when a person is acting as a mortgage broker and a real estate broker in the same transaction is known as the Mortgage Broker Dual Agency Disclosure Form.

3 0
4 years ago
Assume that apples cost $0.50 in 2002 and $1 in 2009, whereas oranges cost $1 in 2002 and $1.50 in 2009. If 4 apples were produc
maksim [4K]

Answer:

B) 1.7

Explanation:

GDP deflator simply shows the occurring event of the level of prices in the economy which is why It is often the ratio of nominal GDP to real GDP.

GDP deflator in 2009 will be:

Norminal GDP

Cost of apple= $1 in 2009

Apple produced =5 in 2009

Cost of oranges= $1.50 in 2009.

Orange produce= 5 in 2009

$1.00*(5)+$1.50*(5)

=5+7.5

=$12.50

Real GDP

Cost of apple= $0.50 in 2002

Apple produced =5 in 2002

Cost of oranges= $1 in 2002

Orange produce= 5 in 2002

0.50*(5)+$1.00*(5)

=2.5+5

=$7.50

GDP deflator = Nominal GDP/Real GDP)

=$12.50/$7.50

=1.666

approximately 1.7

8 0
3 years ago
All of the following are true of the effect of fair value accounting on the financial statements except a.changes in the fair va
Anna71 [15]

Option C

<u>Explanation:</u>

All of the following are true of the effect of fair value accounting on the financial statements :

<u>option c. changes in the fair value of available-for-sale securities are recognized on the income statement. is correct .</u>

Reasonable worth bookkeeping is a monetary detailing approach, otherwise called the "mark-to-advertise" bookkeeping practice, under proper accounting rules (GAAP). Utilizing reasonable worth bookkeeping, organizations measure and report the estimation of specific resources and liabilities based on their real or assessed reasonable market costs. Changes in resource or risk esteems after some time produce hidden additions or misfortunes for the advantages held and liabilities extraordinary, expanding or diminishing total compensation, just as value to be determined sheet.

4 0
3 years ago
In 2013 the national retailer target corporation suffered a major data breach that put at risk the financial information of an e
Ahat [919]

Answer:

Security policy failure

Explanation:

A security policy is a procedure that is to be followed to protect a company from threats, mostly computer security threats and what to do incase of occurrence.

A security policy identifies the business assets and sets up ways to protect them.

When security policy fails it results in results in business losses as is seen in when the National Retailer Target Corporation suffered a major data breach that put at risk the financial information of an estimated 40 million customers, and in 2009 the health care provider Bluecross Blueshield of Tennessee suffered a theft of hard drives when it reported 57 hard drives stolen.

5 0
4 years ago
Suppose your company needs to raise $19 million and you want to issue 25-year bonds for this purpose. Assume the required return
Lady_Fox [76]

Answer:

normal bonds: $19,000,000 = 19,000 bonds

zero coupon bond: $24,366,207.91 dollars = 24,367 bonds

Explanation:

For the zero coupon bond, we will need to calculate the value which discounted at 10% per year during 25 years equals 19,000,000:

Principal \: (1+ r)^{time} = Amount

Principal 19,000,000.00

time 25.00

rate 0.01000

19000000 \: (1+ 0.01)^{25} = Amount

Amount 24,366,207.91

For the normal bonds, the company will issue the bonds at par the bond rate matches the market rate. It will issue for a face value of 19,000,000

8 0
3 years ago
Other questions:
  • Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson, p
    11·1 answer
  • In recent years, the trend among U.S. firms is to outsource the "production" of certain service activities to developing nations
    15·1 answer
  • A sole priorietorship is a business that is owned by a number of people?<br><br> True or false?
    8·1 answer
  • The business of streaming video is radically different from DVD-by-mail in several key ways, including content costs, content av
    6·1 answer
  • Suppose the working-age population of a fictional economy falls into the following categories: 90 are retired or homemakers; 60
    12·1 answer
  • Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received
    14·1 answer
  • The starting point in calculating net operating income is the total annual income the property would produce assuming 100% occup
    6·1 answer
  • Interest is the cost of borrowing. <br> a. True<br> b. False
    10·1 answer
  • Pls help!!!!
    14·1 answer
  • Select all the items that have an 8 hour hold time whataburger
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!