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
vredina [299]
3 years ago
13

Generally, revenue from sales should be recognized at a point when

Business
1 answer:
qaws [65]3 years ago
3 0

Answer:

D. none of these answer choices are correct.

Explanation:

The principle of revenue recognition occurs when the revenue is realized or earned either cash is received or not and it also serves the accounting accrual basis. Realizable also means that the buyer gets the product but the payment is made afterward.

In this, it does not depend on cash transactions.  

Hence, the option D is correct

You might be interested in
Your opportunity cost of taking this course is: a. the net benefit of taking this course. b. the net benefit of the activity you
umka21 [38]

Answer:

Correct option is B.

The net benefit of the activity you would have chosen if you had not taken the course

Explanation:

Your opportunity cost of taking this course is <u>the net benefit of the activity you would have chosen if you had not taken the course </u>

Opportunity cost is what you must sacrifice when you choose an activity. By taking this course, you are sacrificing the benefit you could have obtained from the activity you would have chosen if you had not taken the course.

5 0
3 years ago
Which of the following is a criterion that must be met in order for an item to be recognized as an intangible asset?
Amiraneli [1.4K]

Answer:

The item is identifiable and lacks physical substance.

Explanation:

Intangible asset: Intangible asset is that asset which cannot be seen or even touched. It has no physical existence.

Example: Goodwill, patents, trademarks, copyrights and other intellectual properties

In these types of assets, amortization is charged instead of depreciation.  

It neither used for production, nor its gains any scientific or technical knowledge, and its value neither measure reliability

Hence, option a is correct  

3 0
3 years ago
DON Corp. is contemplating the purchase of a machine that will produce net after-tax cash savings of $20,000 per year for five y
Allushta [10]

Answer:

$74,932.66

Explanation:

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator

Cash flow from year 1 to 4 = $20,000

Cash flow in year 5 = $25,000

I = 12%

Present value = $74,932.66

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0
3 years ago
Honesty is important to rosa. She bought a sandwich that cost $3.50. However the clerk asked her for only $3. What should rosa d
dsp73
Be honest and pay the 50 cents.
3 0
3 years ago
Read 2 more answers
Devon was in a plane crash and suffered quite a few injuries. For months afterward, he had nightmares about the event, and he wa
AlladinOne [14]

Answer:

The correct answer is b. ​Regressive coping.

Explanation:

Coping. This concept has been important in the field of psychology for more than 40 years. During the years 1940 and 1950 it meant an organizational concept in the description and clinical evaluation and, at present, it constitutes the center of a whole series of psychotherapies and educational programs that aim to develop adaptive resources. The issue of coping has also received a lot of attention in the media, as can be seen by flipping through the index of any magazine, book sales lists or programming guides. Actually, the word coping is both a colloquial and scientific term. Despite its prolific history and its current popularity, there is still a lack of coherence regarding theories, research and understanding of the subject. Even the most superficial review of what is written by both scholars and laymen, already reveals confusion regarding the meaning of coping and its role in the adaptation process.

7 0
3 years ago
Other questions:
  • Discuss how either good or poor quality affects you personally as a customer. Give specific examples and describe an experience
    10·1 answer
  • Erica, a team manager, was known for heading projects with diligence and conscientiousness. However, she was insensitive and exc
    7·1 answer
  • ______ power results from one's specialized information.
    7·1 answer
  • The distribution of the amount of money in savings accounts for florida residents has an average of 2,200 dollars and a standard
    8·1 answer
  • Consider the following situations for Shocker:
    6·1 answer
  • Among a group of 2,500 people, 35 percent invest in municipal bonds, 18 percent invest in oil stocks, and 7 percent invest in bo
    11·1 answer
  • Trade sanctions were often enacted as expressions of U.S. revulsion against nations for their internal practices, such as human
    8·1 answer
  • The steps used by businesses to develop a customer profile survey include___.
    6·2 answers
  • Food Well Inc. is an organization that operates several companies that market bulk food products, restaurant equipment, and disp
    5·1 answer
  • Short-term fluctuations experienced in the economy due to changes in levels of economic activity describe the?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!