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2 years ago

Match the expense revenues with expenses recognition approaches with the most appropriate accounting event.

Business

1 answer:

Zigmanuir [339]2 years ago

4 0

Answer:

Cause-and-effect relationship - Cost of goods sold

With the Cause and effect relationship, costs are linked to the revenue that they were incurred for to create. Cost of goods would therefore be linked to revenue.

Specific time period - Monthly salary payments to an office employee

Costs are to be recognized in the same period of time they were incurred. The monthly salary is to be paid monthly because it is incurred monthly.

Without regard to related revenue in the period incurred - Advertising expenditures

The advertising costs will be incurred when spent and not when the benefits are accrued.

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You are the beneficiary of a life insurance policy. the insurance company offers two options for receiving the proceeds: a lump

r-ruslan [8.4K]

Take the $550 per month for monthly income as after ten years it would reach the same amount just in a longer period of time

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3 years ago

Social capital facilitates _______________. a. how the organization will spend its money b. the decision of whether to adopt a n

zvonat [6]

Answer: Option C

Explanation: Social capital refers to the additional success an organization get due to its positive relationships and communication network both within and outside the organisation. It is not a decision making but an ongoing process and is considered necessary in modern business environment.

The media houses could affect the business operations at a high level. Thus, positive relationships with the media houses can bring the organisation an edge over its competitors.

As it is related to relationship building and management it could be facilitated by the social capital.

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3 years ago

Technological advances are difficult to predict. One great advance can replace or substitute for existing products in a relative

deff fn [24]

Answer:

The answer is: 3) Printed media

Explanation:

This is already happening, cell phones and tablets have already replaced digital cameras, Netflix is replacing cable TV and sooner than later cell phones and tablets will replace printed media completely.

Ask yourself, when was the last time you bought a newspaper? I haven´t bought a newspaper in years but I can also guarantee that I read more news outlets today that ever before. I can read the New York Times, The Washington Post, Sports Illustrated, etc. all on my cellphone. Using my phone is cheaper and faster (and also more ecological) than buying a printed version. In a few years probably no newspaper will have a printed edition, not even magazines will be printed anymore.

5 0

2 years ago

Analysis of sales performance records helps marketers to find clues to potential problems.

Alla [95]

That will be call sales analysis, analysis of sale performance records helps marketers to find clues to potential problem

3 0

2 years ago

Beckingham Sports is an American sporting goods company. Based on $400,000 spent on market research and $600,000 spent on consul

Cerrena [4.2K]

Answer:

The correct answer is E)

Explanation:

Capital budgeting is an accounting method that corporations use to decide which planned acquisitions of fixed assets will be approved and which should be refused.

Some examples of Capital Expenditures include:

Construction of an additional building
Procurement of delivery vehicles
Procurement of new equipment
Rehabilitation of existing equipment

If one of the criteria for classification under Capital Expenditure is that it must be in the plan, then none of the above items mentioned in the question will fly.

Monies have already been expended on the options A, B, and C.

Option D is an offer to purchase an existing asset, not a planned investment. Therefore it also does not qualify.

Hence the correct answer is E.

Cheers!

3 0

2 years ago