The answer is<u> "b.expense recognition principle".</u>
The expense recognition principle expresses that costs ought to be perceived in indistinguishable period from the incomes to which they relate. On the off chance that this were not the situation, costs would probably be perceived as acquired, which may originate before or take after the period in which the related measure of income is perceived.
The expense recognition principle is a center component of the gathering premise of bookkeeping, which holds that incomes are perceived when earned and costs when devoured. On the off chance that a business were to rather perceive costs when it pays providers, this is known as the money premise of accounting.
Answer:
Ending Inventory = $555
Cost of Goods Sold = $2,430
Explanation:
Date Units Unit Cost Closing Inventory
Opening Balance September 1 100 $3.00 $300.00
Purchases
September 8 450 $3.50 $1,575.00
September 18 300 $3.70 $1,110.00
Ending Inventory September 30 150 $3.70 $555.00
According to FIFO the the material first purchased will be sold first. So, the closing Inventory of 150 units will be valued at the rate of last purchase of 300 units @ $3.77/unit.
Cost of Goods Sold = $300 + $1575 + (( 300 - 150 ) x 3.70) = $2,430
Answer:
optimal solution is 0.6B + 0.4S
highest possible yield = 13.4%
Explanation:
we have to maximize 0.09B + 0.2S
where:
B = amount invested in bonds
S = amount invested in stocks
constraints:
B ≥ 0.6
B + S = 1
S ≥ 0
0.09B + 0.2S ≥ 0.085
using solver, the optimal solution is 0.6B + 0.4S
the portfolio's yield = (0.6 x 0.09) + (0.4 x 0.2) = 5.4% + 8% = 13.4%
Answer:
C: responsibility assignment matrix
Explanation:
Responsibility assignment matrix is also called Linear responsibility chat, or RACI, this acronym stands for Responsible, Accountable, Consulted and Informed. This explains the role of various participants in completing a task or delivering on a particular project.
Responsibility assignment matrix helps to assign definite roles to every individual or department involved in a project.
