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
Minchanka [31]
3 years ago
14

The cost-benefit principle states that

Business
2 answers:
shusha [124]3 years ago
7 0

Answer:

Explanation:Cost Benefit Principle is an accounting principle and it states that, "the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users". It can also be referred to as

cost benefit relationship and it simply says that no financial information is free.

Vitek1552 [10]3 years ago
5 0
<span>that the cost of providing financial information in the financial statements must not outweigh the benefit of that information to the users. </span>
You might be interested in
Gold Co. purchased equipment from Marshall Co. on July 1. Gold paid Marshall $10,000 cash and signed a $100,000 noninterest-bear
Monica [59]

Answer:

The acquired cost of the equipment on July 1 is $85,132

Explanation:

The computation of the acquired cost is shown below:

= Cash + Net note payable amount

= $10,000 + $75,132

= $85,132

where,

Notes payable amount equals to

= Non-interest-bearing note payable - discounts on notes payable

= $100,000 - $24,868

= $75,132

For computing the accurate answer we have to deduct the discount from the note payable amount and then added to thee cash amount

3 0
3 years ago
Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your
mamaluj [8]

Answer:

A

Explanation:

keeping a competitive edge

8 0
3 years ago
Which statement is true?
Vikki [24]

Hewo, Your answer is <em>"Taxes paid to the government have no direct effect on the economy". </em>The First is incorrect because savings save money, and do not leak any income. Number 2 is incorrect because Companies and Businesses pay wage to employees, and not employees pay to the business. And Exports, earn money, because you sell and export a product. Hence the logical answer is #4.

8 0
3 years ago
Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Cost of Goods Sold account. the Supp
den301095 [7]

Answer:

C. the Inventory account.

Explanation:

Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Inventory account.

5 0
3 years ago
Which change should be made to the above cover letter excerpt before sending it to an employer
choli [55]
Hey I don't see a picture or anything can you please post the picture
3 0
3 years ago
Read 2 more answers
Other questions:
  • The objective of causal research is to ________. A. predict the effect of a random event on unrelated entities B. describe thing
    7·1 answer
  • In france, fine dressmaking and tailoring have been a tradition predating queen marie antoinette. cloth manufacturers, design sc
    5·1 answer
  • In the _____ marketplace model, ec technology is used to streamline the purchasing process in order to reduce the cost of items
    9·1 answer
  • Which theory is based on the notion that competitive advantage is dependent on the four interacting aspects of factor endowments
    12·1 answer
  • A _____ occurs when two or more transactions wait for each other to unlock data.
    9·1 answer
  • Jones, who is currently unemployed, is a participant in three means-tested welfare programs: food stamps, rent stamps, and day c
    13·1 answer
  • Select the FALSE statement from below:
    5·2 answers
  • Divine Apparel has 2,000 shares of common stock outstanding. On October 1, the company declares a $0.25 per share dividend to st
    9·1 answer
  • In a master schedule, the planning horizon is often separated into a series of time periods called:
    12·1 answer
  • Bond A sells at $975. Bond B sells at $1010. Both bonds have a coupon rate of 4%. All else equal, which bond has more interest r
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!