Lawyer is a career typically requiring a certificate from a vocational school program.
Answer: The matching principle <u>"d. states that the revenues and related expenses should be reported in the same period".</u>
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Explanation: The application of this principle is a consequence of double entry; In the specific case of the Correspondence Principle we refer to the relationship that exists between an income and expense at the time of registering a transaction. It can be summarized in the following statement:
For every income there is an expense and for every expense there is an income.
Answer:
Correct answer is (d). They target their products at "everybody" or the "average customer."
Explanation:
Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.
It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.
A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.
When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.
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