The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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<u>Schema </u>is the mental structure that aids in the processing and interpretation of information.
Schema is a cognitive tool. It is the mental structure that individuals use for processing and interpretation of information. This guides cognitive processes and accompanying actions.
Through the schemata, people categorize things and situations around them based on some common features and elements, using these classifications then to understand and predict their world.
Sensory and conceptual information is processed, classed, and stored within these mental structures. This cognitive faculty helps one to function in the world by helping us understand things and events, and make conclusions and predictions about different circumstances.
Schemata includes the worldview, stereotypes, and rubrics one has.
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The term that best fits the statement would be "Assyrian." It was the Babylonians that eventually captures <span>Hezekiah's folly as predicted by Isaiah. Isaiah has been one of the most prominent figures in the Holy Bible wherein it was said that God bested him the power to rule Israel and Judah.</span>
One of the ways is through the wind. The pollen then needs to be very light, and have a shape that supports being carried by the wind. It is then caught by the sticky surface of the stigma.
Another way is through animals, such as bees. The bees feed on the flowers and the pollen sticks to their legs. When they fly off to another flower, they will leave the trace of this pollen there. In fact many flowers attract bees for this reason, with their colour or smell.
The answer is concurring opinion. This is considered to be a
legal system that is written that are being done by the judges of the court
that has an agreement in terms of the decision that is being made or concluded
by the court in majority.
