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stealth61 [152]
3 years ago
12

Intentionally reporting product sales in the financial statements for the period prior to when they actually occurred is a viola

tion of which generally accepted accounting principle?a. Periodicity
b. Matching
c. Historical cost
d. Revenue recognition
Business
1 answer:
SSSSS [86.1K]3 years ago
6 0

Answer:

d. Revenue recognition

Explanation:

The principle of revenue recognition occurs when the revenue is recognized or earned whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here implies that the customer receives the product but the payment was made afterward.

Since the given scenario reflects the violation of the revenue recognition principle.

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Which component acts as a summary of professional achievements, education, skill set, and qualities?
taurus [48]

Hello there!

Your answer would be "<u>Career Portfolio</u>"

The reason why Career Portfolio would be the correct answer because a career portfolio contains all of the information about someone's information.

A career portfolio contains information about someone's:

  • Education
  • Skills
  • Professional Achievements
  • Qualities

A career portfolio is mostly used in things like resumes. This would help out a resume because it will show the recruitment officer a summary of your skills, and could possibly give you a better chance if you have a lot of skills and education to be apart of the job. A career portfolio would represent the potential that someone has. Career profile's are more in depth when explaining someone's skills, education, and potential than resumes. This is the reason why "Career portfolio" would be your answer.

6 0
3 years ago
Read 2 more answers
100 free hope you do the same
andrey2020 [161]
Tyyyyyyyyysssssmmmmmmmm
7 0
3 years ago
Suppose that Australia imposes a tariff on imported beef. If the increase in producer surplus is $100 million, the increase in t
hram777 [196]

Answer: False

Explanation:

A tariff is a tax that is imposed by the government of a particular country in order to curtail the number of imported goods brought into the country.

Based on the above scenario, the reduction in consumer surplus is not $500 million but rather $600 million which is the addition of $100 million, $200 million and $300 million.

Therefore the question is false.

6 0
3 years ago
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

Explanation:

IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

4 0
4 years ago
Vital Industries manufactured​ 2,400 units of its product Huge in the month of April. It incurred a total cost of​ $132,000 duri
jarptica [38.1K]
The answer is C. $39☺️
4 0
3 years ago
Read 2 more answers
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