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Maksim231197 [3]
3 years ago
9

The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received. True or false

?
Business
1 answer:
mihalych1998 [28]3 years ago
3 0

Answer:

False

Explanation:

The revenue recognition principle dictates that revenue is recognized in the period in which it is <em>earned</em>. For example, assume a landscaping company performs lawn care service for one of its clients on December 28, invoices the client on January 2, and receives payment on February 1. The revenue recognition principle dictates that the company recognize the associated revenue when it was <em>earned</em> on December 28 regardless of when the client was invoiced or payment was received.

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How does voluntary exchange help set prices in a market economy?​
SVETLANKA909090 [29]

Answer:

How does voluntary exchange help set prices in a market economy?​

Voluntary exchange enables fluctuation in prices and makes it to be vary in the market system, this uncontrolled prices enables customers to buy same goods at different prices because each supplier sells at any convenient prices that suits them not adding both variable cost and fixed cost to determine the price.

Explanation:

3 0
4 years ago
A grant to an inventor to make, use, or sell an invention is called
olya-2409 [2.1K]
A permit gives authorization to allow someone to do something.

A license allows the use of something or to allow an activity.

A loan is to borrow (money or property)

A patent is the right granted by government to an inventor to sell, manufacture, or use an invention for a certain number of years.

Which means the answer would be D. Patent
3 0
4 years ago
ABC Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year matu
Dahasolnce [82]

Answer:

Yield to call is 9.8%

Explanation:

The rate of return bonholders receives on a callable bond until the call date is called Yield to call.

Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

C = Coupon Payment = $105 per year

F = Face value = $1,000

P = Call price = $1,100

n -= number of years to call = 5

Yield to Call = [ $105 + ( $1,000 - $1,100 ) / 5 ] / [ ( $1,000 + $1,100 ) / 2 ]

Yield to Call = [ $105 - 2 ] / $1,050 = $103 / $1,050 = 0.098 = 9.8%

8 0
3 years ago
The "over-the-counter" market received its name years ago because brokerage firms would hold inventories of stocks and then sell
Svetradugi [14.3K]

Answer:

false

Explanation:

Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.

5 0
3 years ago
The performance appraisal that evaluates performance from the monetary returns the employee
skelet666 [1.2K]

<span>c. Cost- Accounting Method</span><span>

I would say is best conveyed through one's immediate supervisor. When one would start working in a company, he is under a supervisor that would be the one to convey the messages from the managers. This is done so that the chain of command will not be broken. Since the employee is already given clear instructions is to who he is supposed to answer to, then work related information should be exchanged by the employee and his immediate supervisor so that there is no confusion. </span>
4 0
3 years ago
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