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Gnoma [55]
3 years ago
11

The basic principle involved with expense recognition is____________.a. The business will continue to operate indefinitely unles

s there is evidence to the contrary. b. All transactions are recorded at the exchange price.c. The business is separate from its owners.d. All costs that are used to generate revenue are recorded in the period the revenue is recognized.
Business
2 answers:
valkas [14]3 years ago
7 0

Answer:

The correct answer is letter "D": All costs that are used to generate revenue are recorded in the period the revenue is recognized.

Explanation:

According to the basic matching principle, revenues and the expenses necessary to obtain those revenues must be recorded during the same accounting period. This is part of what constitutes the accrual basis method of accounting that states expenses and revenue should be recognized when incurred not when cash is received.

olga2289 [7]3 years ago
6 0

Answer:

d. All costs that are used to generate revenue are recorded in the period the revenue is recognized.

Explanation:

The matching concept provides that expenses incurred in the process of generating sales should be recognized in the period for which revenue has been or will be recognized.

Hence, the basic principle involved with expense recognition is that all costs that are used to generate revenue are recorded in the period the revenue is recognized.

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________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or prod
Sliva [168]

Answer: Licensing

Explanation:

A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.

The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.

According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.  

 Therefore, Licensing is the correct answer.

 

6 0
4 years ago
________ bases a portion of an employee's pay on some individual and/or organizational measure of performance. Group of answer c
Readme [11.4K]

Answer:

Variable pay program

Explanation:

Variable pay program is a form of motivational and incentive technique used in organizations today. It is the situation whereby organizations bases bonuses on individual/team or organizational goals. The variable pay refers to the bonus given to employees or workers that has exceeded or met company's expectations and targets. It is based on a measure of performance rather than job time or seniority.

6 0
3 years ago
Read 2 more answers
Ellen and george work for the same company. ellen, a gen xer, really appreciates the flextime opportunities, while george, a bab
nataly862011 [7]

These policies are examples of <u><em>"work-life balance".</em></u>

Employees always want to balance work with rest of the activities they wish to seek after throughout everyday life. Work balance is particularly essential to your millennial representatives who are accustomed to packing their days with differing exercises and hours of electronic correspondence.  

Work-life balance is an idea that portrays the ideal of splitting one's time and energy among work and other critical parts of their life. Accomplishing work-life balance is a day by day challenge. It can be difficult to set aside a few minutes for family, companions, network cooperation, self-improvement, self-care, and other individual exercises, notwithstanding the requests of the working environment.  

4 0
3 years ago
According to the identify (id) function of the nist cybersecurity framework, what allows an organization to prioritize its effor
Viktor [21]

Understanding its business environment and resources allows an organization to prioritize its efforts where cybersecurity risk is involved.

The U.S. Department of Commerce's NIST is the National Institute of Standards and Technology. The NIST Cybersecurity Framework assists companies of all sizes in comprehending, managing, and reducing their cybersecurity risk as well as safeguarding their networks and data. The Framework is an optional one.

Identify, Protect, Detect, Respond, and Recover are the five fundamental tasks. On its official website, NIST describes the framework core as a collection of cybersecurity initiatives, objectives, and helpful resources that are applicable to all critical infrastructure sectors.

For cybersecurity professionals, the NIST Cybersecurity Framework is a valuable resource. It is a cost-effective method for businesses to tackle cybersecurity and promote an internal dialogue about cyber risk and compliance because of its versatility and flexibility.

To know more about Cybersecurity refer to:  brainly.com/question/22586070

#SPJ1

5 0
2 years ago
Which of the following statements is normative?
djverab [1.8K]

Answer:

C. As there is no external influence other than just tax and the government changing it.

Explanation:

5 0
3 years ago
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