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abruzzese [7]
3 years ago
5

The expense recognition (matching) principle, as applied to bad debts, requires:multiple choicethat expenses be ignored if their

effect on the financial statements is unimportant to users' business decisions.the use of the direct write-off method for bad debts.the use of the allowance method of accounting for bad debts.that bad debts be disclosed in the financial statements.that bad debts not be written off.
Business
1 answer:
Luda [366]3 years ago
8 0
Financial statements is unimportant to users' business decisions.the use of the direct write-off method for bad debts.
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Which cost flow assumption assumes that the last units purchased are the first units sold?
Delicious77 [7]
The answer is a. LIFO
5 0
2 years ago
The Lending Club removed CEO Renaud Laplanche in 2016. Hans Morris, the company executive chairman, lauded him, saying his entre
Shkiper50 [21]

Answer:

Option B                                  

Explanation:

In simple words, The key responsibility of an institution's board of directors is to spend time to determine that every other board member is emotionally involved and interested in the company's objectives is invested well. When the board members are fully committed, they will become the strongest leaders, champions, strategists, and sponsors around the charity.

Thus, from the above we can conclude that the correct option is B.

8 0
3 years ago
"UN accepts Bhutan's graduation
nexus9112 [7]

Answer:

an Evi score of 32 or below

Explanation:

in 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the above

an Evi score of 32 or belowin 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the abovein 40-euro cents.

d. The 60% of the rise in the

disposable income goes to

consumption

= All of the above

4 0
4 years ago
Marjam Company owns 63,600 shares of MacKenzie Company's 120,000 outstanding shares of common stock. MacKenzie Company pays $120
Tems11 [23]

Answer:

Marjam's entry to record this transaction should include a c. Credit to Long-Term investments for $63,600.

Explanation:

Marjam investment in MacKenzie is a Financial Asset. A financial Asset is an obligation to receive cash.

Marjam will be paid a cash dividend based on the share of ownership it has in MacKenzie.

Share of Ownership = 63,600 shares/ 120,000 outstanding shares

                                  = 53%

<u>Marjam's entry to record cash dividends is as follows </u>

Dividend = $120,000 × 53%

               = $63,600

Debit : Bank $63,600

Credit : Long-Term investments $63,600

5 0
3 years ago
Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False
Lemur [1.5K]

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

6 0
4 years ago
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