Answer: The matching principle
Explanation: Matching principle is a combination of accrual accounting and revenue recognition. It states that the expenses of a company must be recorded at the same accounting period in which they were incurred to earn such revenues.
In the given case, Apple is reporting the warranty expenses at the same time period in which the revenue from such expenses is recognized.
Hence we can conclude that the given case illustrates the matching principle.
Answer:
Option 2
I. State the facts of the company’s financial situation
II. Explain
A. The reasons why the company needs to take drastic action
B. The benefits of the company’s strategy
III. Inform the employees they will receive a 15 percent pay cut
IV. Close with a forward-looking statement.
Explanation: Based on the above question,the most appropriate option will be option 2.
When presenting a situation to a public or a person it is very important to give a brief about the situation where the audience will be expected to understand, once the audience Understands the prevailing situation,it makes their response and acceptance easy and more likely.
OPTION TWO IS THE MOST APPROPRIATE IN THIS SITUATION AND WILL YIELD THE MOST POSITIVE RESULTS.
Answer: IT'S C!!
Someone said it's b but it's not i just got it wrong
The answer to this question is a practice analysis report. A practice analysis report is a report that is used to analyze the revenues. Also this reports provides a breakdown of the charges, payments, and any adjustments made in a specified period of time. In practice analysis report it can also compare the procedures done and the procedures that are still on hold or not yet done.
