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Wittaler [7]
3 years ago
12

The revenue recognition principle guides accountants in​ ________.

Business
1 answer:
Goryan [66]3 years ago
3 0

The revenue recognition principle guides accountants in​ Answer: D determine when to record revenues. The revenue recognition principle lets accountants know when they need to record revenues and at what amount to record. The revenue recognition principle states not to record revenue until it has been earned in full.

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LiRa [457]

Answer:

The answer is A.

Explanation:

In each other presentation, choosing the “Reuse Slides” tool and then browsing to find the credits slide in the original presentation.

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5 0
2 years ago
A group of management consultants is studying OGSI Manufacturing and its team management strategy. Once Pete Jazoni's work group
boyakko [2]

Answer:

the Hawthorne effect

Explanation:

The Hawthorne Effect is the theory that states that people are more likely to modify their behavior because they are under study or evaluation and not as a result of response to stimuli.

Therefore, according to the given question, Pete Jazoni's output nearly doubled once it was selected for special attention by experts. This is an example of the Hawthorne effect.

7 0
3 years ago
What was this product's net operating income (loss) last year? last year minden company introduced a new product and sold 15,000
mafiozo [28]

Answer:

1. What was the product's operating income(loss) last year = $90,000 loss

2. What is the product's Break even point in unit sales and dollars

• Break even sales in units 18,000

• Break even i n sale dollars $1,260,000

3. Maximum annual profit given an increment of 5,000 units and reduction of sales price per unit by $2.

• Net profit of $20,000

4. What would be the break even point in unit sales and dollars using the selling price that you determined in requirement 3.

• Break even sales units 19,285.7

• Break even in sales dollars $1,311,427.6

Explanation:

Please see attached detailed solution to the above questions and answers.

3 0
3 years ago
A local store can print 55,000 papers per hour. How many papers can they print in 5 1/4 hours?
Alchen [17]
To find the answer you need to multiply 55,000 times 5 1/4 that is equal to 68750.
6 0
3 years ago
Read 2 more answers
When iTunes sells a song or movie, it must record the transaction in accounts. Which accounts might iTunes use when it sells a s
Kay [80]

Since the actual process of the transaction is instantaneous, and its takes the money directly out of your account, the account they're dealing with is most likely Revenue.

Accounts Receivable is also another option that may come to mind, but remember that in this account, the seller is waiting for payment. Once the responsible party pays the seller, A/R is credited (decreased) and Revenue is debited (increased).

With iTunes (as stated previously), the transaction happens right then and there. We pay cash and iTunes gives us the song/movie/album/etc. Therefore, the only logical answer would be <u>Revenue</u>. In this case, <em>Sales Revenue</em> since we're dealing with a type of retailer and not a service.

7 0
3 years ago
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