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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Answer:
I would like to see some aspect in the issue of abandoning children or pets.People abandon their children or pets because their either irresponsible,or doesn't want them anymore so they can do anything they want without having to hire a babysitter or pet-sitter.If they were going to throw them out,why did they adopt or have the baby?I feel bad for all the animals and children taht get thrown out or abandoned to live on their own.they probably dont know how to live on their own,and what if they accidently get killed when crossing the street,or what if the child gets kidnapped and something really bad happens to them.(dont have to insert this part) I was thrown out and CPS found me and my brothers and we were imediatly separated and put into foster homes around the world.Luckilly my parents found me nad helped me and my bros out.
Explanation:
Answer:
no consideration or intent to deliver
Explanation:
Based on the information provided within the question it can be said that this deed will probably not hold up due to there being no consideration or intent to deliver. In order for a deed to be accepted as valid it must follow certain rules, these being that it must be in writing , contain a legal description, have a granting clause, contain consideration, and finally be signed by the grantor. Otherwise anyone can falsify a deed.
Answer:
expertise
Explanation:
The answer is -- "expertise"
A government official who is expert in any field will perform his or her duty or tasks efficiently and properly. This is very important for the development of the society and the country. An expert official with come up with quick and intelligent solutions to the social problems in the society.They will be focused on their on their work and will result a good modern and bureaucratized democracy.
Thus the most important characteristics for a government official in a modern, bureaucratized democracy is "expertise".
There are many examples of genocides in history which are done on similar lines of protecting the race like the Armenian Genocide.
Explanation:
The Armenian people are a persecuted minority in Eastern Europe before World War 1 and started facing undue hate crimes during the war due to many reasons.
The ottoman expire ad an irrational hatred for them and oftentimes would put the Armenians in jails or get killed.
During the war, the rhetoric was to blame the Armenians for the precarious state of the empire.
In reality the empire was weak and losing the war and wanted an excuse to show that they are not losing because of their incompetence.
