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goldfiish [28.3K]
3 years ago
7

"according to the ______ method of accounting, revenues are recognized when they are earned"

Business
1 answer:
ZanzabumX [31]3 years ago
6 0

Answer:

the correct answer is accrual-basis

Explanation:

"according to the accrual-basis method of accounting, revenues are recognized when they are earned"

good luck

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Suppose Musashi and Rina are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix
natulia [17]

Answer:

a) Dominant strategy is for Rina to choose Right.

b) Musashi chooses left and Rina chooses right

Explanation:

As per the data given in the question,

a).

A winning strategy is the tactic a player selects regardless of the tactic other player selects.

When Rina selects left, Musashi selects right because  (7>4)

When Rina selects right, Musashi selects left because  (6>4)

When Musashi selects left, Rina selects right because (6>1)

When Musashi selects left, Rina selects right because  (7>6)

So only dominant strategy is for Rina to choose Right

b)

In a Nash equilibrium, the players decide their strategies taking in consideration other strategy.

Hence, Musashi chooses left and Rina chooses right, (payoff: 6,1)

4 0
3 years ago
The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as
leva [86]

Answer:

A. economies of scale.

Explanation:

The economies of scale is the scale where the company has the advantage of the cost that reaped by the organization in the case when there is an efficient production. It could be accomplished when the level of production or the volume of the production rises by lowering the cost

Therefore as per the given situation, the option A is correct as it fits to the current situation

Hence, the correct option is A.

4 0
3 years ago
On December 15, Jay Cleaning Co. agreed to provide Kay Co. with bimonthly cleaning services for its offices. The services will b
Anna [14]

Answer:

the correct answer is

b. debit to Accounts Receivable for $200.

good luck ❤

3 0
3 years ago
Read 2 more answers
Prompt What is an economy?
Pavel [41]

Answer/Explanation:

Am economy encompasses all activities that relates to the allocation of scarce resources for optimal production, processing, and distribution and trade of goods and services for the benefits and consumption of the populace dwelling in a geographical area. It entails all inter-related activities that pertains to the efficient use of scarce resources to ensure human needs are met for their survival.

4 0
3 years ago
based on the diminishing returns to specialization, it is more realistic to assume that the units of resources required to produ
MatroZZZ [7]

Answer:

decrease.

Explanation:

Diminishing returns to specialization is when resources can freely used to produce any good. Units of resources required to produce one additional unit will decrease. The rate of output will increase with same resources.

8 0
3 years ago
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