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kaheart [24]
4 years ago
10

Accounting for revenue using the cash basis of accounting means that no entry is made to the revenue account until the cash is r

eceived. true or false.
Business
1 answer:
lakkis [162]4 years ago
4 0
It is true that a<span>ccounting for revenue using the cash basis of accounting means that no entry is made to the revenue account until the cash is received. When the cash basis is used, revenue is not recorded until the cash is actually received. </span>
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Max points can water be wet
Montano1993 [528]
No water can't be wet
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3 years ago
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At McDonald’s all new franchise owners and managers attend Hamburger University. During this two-week period, they are exposed t
Tanya [424]

Answer:

The correct answer is variable.

Explanation:

Socialization is the process by which a culture, society or organization conditions the behavior of its members, and speaking in the organizational field is the process by which people gradually acquire aspects of attitude, behavior and values that are understood and accepted. For the new employee.

6 0
3 years ago
Use the following information to determine the break-even point in units (rounded to the nearest whole unit):
denis23 [38]

Answer:

29,771 units

Explanation:

The break-even indicates the number of units that you have to sell to cover your costs. The break-even point is calculated by using the formula:

Break-even point in units= Fixed costs/(selling price per unit-variable cost per unit)

Break-even point in units= $195,000/($14.95-$8.40)

Break-even point in units= $195,000/$6.55

Break-even point in units= 29,771 units

The break-even point in units is 29,771.

4 0
3 years ago
Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debt
Vlad1618 [11]

Answer:

The answer is expectancy.

Explanation:

Expectancy theory is a concept developed by Victor H. Vroom in 1964, where he postulated, that the strength an individual has in terms of his or her motivation to do an action, would appear when three components are satisfied to a certain value: expectancy, instrumentality, and valence. The question above is relevant to the expectancy component, which is detailed as the belief that an individual has regarding their efforts would result in the individual choosing to perform an action. In the case of Martha, she wasn’t sure that her efforts in trying to win the contract would lead to her 10% raise (outcome, a component of instrumentality), and thus, she decided not to try.  

3 0
3 years ago
Click and drag the term to correspond with its correct definition. Not all terms will be used. Corporate action in which one com
bagirrra123 [75]

Answer:

Explanation:

Corporate action in which one company buys the assets and obligations of another company and assumes control. - Acquisition

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Form of business in which one party gives another rights to sell its products or services and use its business format in a certain geographic area. - Franchise

Individual who has shared ownership in a partnership but takes no part in managing it and has limited liability. - Limited Partner

Entity taxed like a sole proprietorship or partnership but maintains benefits of incorporation like limited liability. - S Corporation

An unincorporated business with one owner. - Sole Proprietorship

Business entity with two or more owners who share management and profits or losses. - Partnership

6 0
3 years ago
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