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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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If the market value of a firms assets is greater than the book true or false
olga55 [171]
The answer is true, not false.
3 0
3 years ago
An agent of a broker-dealer "A" has been terminated and is associating with broker-dealer "B." The terminated agent agrees to tu
Lynna [10]

Answer: Prohibited

Explanation:

This agreement is prohibited because agents working in different firms are not allowed to split commissions. The agent who has been terminated from broker-dealer A is associating with broker-dealer B and seeing as the arrangement is for a year, it will last the entirety of the time that both agents will be in different firms.

4 0
3 years ago
For many years a mainstay of the economy in Seattle, Washington was commercial fishing. Many people not employed in the fishing
Stells [14]

Answer: The above is an example of a basic employment generating nonbasic employment.

Explanation: Basic employment is employment as a result of businesses that operate on a very large scale, and usually these businesses export their products outside the location where they are because they can more than meet the demand of that locality.

As seen in the question above, where fishing is the mainstay of the economy of Seattle. This means the fishing industry in Seattle can meet the demand of Seattle and still have commercial quantities for export.

Non-basic employment often refers to small businesses who offer services to the local customers.

In the case of the question above, the fishing industry has brought about a rise in small businesses, these small businesses will make profit from meeting the needs of the fishermen.

7 0
3 years ago
Which of the following key organizational elements are unique to the fulfillment process?
GarryVolchara [31]

Answer:

Key organizational elements are unique to the fulfillment process are:

A) Credit control area

B) Sales area

C) Shipping point

6 0
3 years ago
Questions that would help Tony manage his day-to-day operations? A. What is my best-selling product? B. What is my lowest-sellin
zloy xaker [14]

Answer:

The correct answer is letter "D": A&B.

Explanation:

Managers have several functions within an organization. Among them, they must <em>analyze information </em>-the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.

Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its<em> strengths, weaknesses, and opportunities</em>.

4 0
3 years ago
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