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
dalvyx [7]
3 years ago
7

Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?

Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

Matching concept

Explanation:

Matching concept states that revenue and cost should be matched with each other in the period they relate.

You might be interested in
In a properly designed internal accounting control system, the same employee should not be permitted to:
yawa3891 [41]
In a business world, segregation of duties is important to have a sound internal control.  The employee handing cash/check collection is prohibited from updating its customer's subsidiary ledger and recording of transactions in the books.  This will eliminate fraud and misappropriation of funds.  
8 0
3 years ago
Kyoko is a hard-working college senior. One Saturday, she decides to work nonstop until she has answered 150 practice problems f
sasho [114]

Answer:

c

Explanation:

6 0
3 years ago
Productive assets that are physically consumed in operations are:
katen-ka-za [31]

Answer:

B. Natural resources

Explanation:

The assets which are consumed physically and are productive also is come under the natural resources. The example of natural resources includes mineral deposits, coal mine, iron, etc. It is also known as wasting an asset. These are considered as long term assets  

In the case of the natural resources, the depletion expense  is charged, not the depreciation or amortization expense

6 0
3 years ago
In his speech, George plans to convince his audience to buy a refillable water bottle instead of disposable water bottles. What
Natasha2012 [34]

Answer: Persuasion

Explanation: Persuasion can be define as the act of influencing someone or changing their mindset. In such case, the one persuading other must have his own mind set.

In the given case, George wants the audience to change their mindset of using plastic bottles as they are harmful for environment.

Thus, from the above we can conclude that the purpose of George behind his speech is persuasion.

5 0
3 years ago
The demand curve faced by a pure monopoly isa. vertical.b. horizontal.c. upward sloping.d. downward sloping.
svlad2 [7]

Answer:

Downward sloping

Explanation:

In a market condition of pure monopoly, there is a single firm operating the whole market and managing all the buyers. All the buyers in this market condition are price takers because the price is set by the monopolist.

The pure monopolist faces the downward sloping demand curve which shows the inverse relationship between the price of the good and the quantity demanded and they can obtain the economic profits in the long run because of the restrictions over the entry of the other firms.

3 0
3 years ago
Other questions:
  • Which of the following refers to the knowledge and competence of service providers and the ability to convey trust and confidenc
    5·1 answer
  • The ____ of startup ventures depends heavily on the entrepreneur's personal resources
    5·1 answer
  • On June 30, 2017, Blue Company issued $3,500,000 face value of 13%, 20-year bonds at $3,763,303, a yield of 12%. Blue uses the e
    12·1 answer
  • Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo
    15·1 answer
  • Net income $ 15,500 Cash dividends paid to stockholders 3,600 Cash proceeds from sale of land 3,800 Cash proceeds from bank loan
    15·1 answer
  • Jim had a car accident in 2019 in which his car was completely destroyed. At the time of the accident, the car had an adjusted b
    13·1 answer
  • Paid salaries to staff 1500<br>​
    13·1 answer
  • Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a
    9·2 answers
  • A ZERO COUPON BOND IS SOLD FOR 550 DOLLARS AND MATURES IN 35 YEARS WHAT IS THE YTM
    7·1 answer
  • which stakeholder group includes a network of relationships that supply a company with the inputs it needs to operate?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!