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3 years ago

The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.

Business

1 answer:

slega [8]3 years ago

4 0

False. The revenues usually contemplate the profit added to the expenses or costs, therefore, they can't match.

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A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do

maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0

3 years ago

Each of the following firms benefits from barriers to entry in its industry. Indicate whether each of the barriers is natural or

gavmur [86]

Answer:

Natural:

b.A diamond company that owns nearly all of the world's diamond mines.

d.A soda company that spends over $3 billion on advertising every year.

e.A waste-treatment plant that cost a lot to build even though it costs only two cents to treat each gallon of waste.

Government

a.A small-town bar that is the only establishment in the county licensed to serve liquor.

c. A pharmaceutical company receives a patent for a new cancer-fighting drug.

Explanation:

Government barriers are licenses or patents that prevent future firms from entering, natural is everything else.

4 0

3 years ago

Read 2 more answers

An age-appropriate skill is best defined as a skill that is appropriate to the student's

geniusboy [140]

Age age age age age.

8 0

3 years ago

An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir

hichkok12 [17]

Answer: Option A

Explanation: The basic organisational structure and several different characteristics prevailing in a business environment together constitutes a market structure. In an oligopolistic there are very few large firms which dominate the market, for example - auto industry.

As firms in the oligopolistic market are very high this results in high concentration in the market. Each firm in this market structure operates in so large scale that actions of one affects the operations of others.

Usually the capital need in such industries is too large making it difficult to entry also the need for several licenses acts as barriers to entry but there is no such thing like NO ENTRY in such industries.

5 0

3 years ago

What is the chronological order of the material cost flows through the subsidiary records? a. Materials Ledger Card, Receiving R

RoseWind [281]

Answer:

The correct order is option B.

Explanation:

As the order is in which the items are in the process of the subsidiary is given as by option B.

Option A is not true as the step of receiving report is not at the start of the process.

Option C is not true, because all the steps are not included.

Option D is not true as well because all the steps are not included.

5 0

3 years ago