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RideAnS [48]
3 years ago
7

Under cash-basis accounting, if a company provides services to a customer in the current year but does not collect cash until th

e following year, the company should report the revenue in the current year.
A. True
B. False
Business
1 answer:
PIT_PIT [208]3 years ago
3 0

Answer:FALSE

Explanation:CASH BASED ACCOUNTING is an accounting that is considered only when the money payment is effected. It does not take in account cash which has not been received. In the financial statements it will only include cash received during the year or period under review. This makes it different from Accrual based accounting which also includes cash not yet received but are been expected.

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According to the video, which subjects are Human Resources Managers likely to study in college? Check all that apply. Business s
AfilCa [17]

ANSWER:

Human resources managers studies: Behavioral science, Communication, and Liberal

EXPLANATION: Human resource managers are the ones that helps the organization to identify the best personnel for a particular job task. They identify where a staff needs an improvement, and will recommend such training to the organization. They also sees that the organizational culture is maintained and respected by all personnel's in the firm.

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The HRM should not be biased in reasoning, this is why he/she has to study liberal in college, so that he/she will be able to accept other people's opinions and behavior.

6 0
3 years ago
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If the French bank Société Générale reported its 2019 net income was 23,561 million euros and its operating expenses totaled 16,
VashaNatasha [74]

Answer:

39,577 million euros

Explanation:

Calculation to determine the what was its gross profit

Using this formula

Gross profit=Net income+Operating expenses

Let plug in the formula

Gross profit=23,561 million +16,016 million

Gross profit=39,577 million euros

Therefore gross profit will be 39,577 million euros

3 0
3 years ago
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