Answer:
This statement describes. c) revenue recognition
Explanation:
The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.
Customer social style refers to the method customers use when interacting.
In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.
<h3>Who is a Customer ?</h3>
A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.
A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.
No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.
To learn more about Customer from the given link:
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Answer:
Revenue = 240000×49= 11,760,000
Variable manufacturing expense = 240000×20 = 4,800,000
Sales commission expense = 240000×8 =1,920,000
Fixed manufacturing overhead = $2,400,000
Fixed operating expenses = 245,000
Sales promotion = 140000
Profit = 2,255,000
