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Nookie1986 [14]
3 years ago
11

If a company is using the accrual basis accounting method, when should it record its earned revenue?

Business
1 answer:
BigorU [14]3 years ago
4 0

Answer: b

Under the accrual basis of accounting, expenses are matched with the revenues related to it and/or are reported when the expense occurs, and not just when the cash is paid. The company should record its earned revenue when services are rendered. Payment may come at a later date.

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The factors of production include natural resources, labor, government assistance, and entrepreneurship.
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Answer:

230 people

Explanation:

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A forecast is a(n) Question 12 options: glimpse of what just happened. execution of strategy and adjustments. projection for the
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<h3>What is forecasting?</h3>

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Hence, option B holds true regarding forecasting.

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2 years ago
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<u />

Explanation: An externality is when the costs or benefits of production or consumption of a particular good or service do not reflect its market price, that is, an externality is an activity that affects others without them paying for them or being compensated.}

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