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erastovalidia [21]
3 years ago
11

Which of the following serves as the justification for the periodic recording of depreciation expense? a. Association of efforts

(expense) with accomplishments (revenue) b. Systematic and rational allocation of cost over the periods benefited c. Immediate recognition of an expense d. Minimization of income tax liability
Business
1 answer:
SIZIF [17.4K]3 years ago
7 0

Answer:

"B"

Explanation:

Depreciation is a practice of systematic allocation of the cost of an asset to the income generated over its useful life time , either on a straight line method or reducing balance.

As demanded by the matching concept of accounting , revenue are expected to be linked to associated expenses otherwise profit will end up being overstated and and management misinformed and wrong decisions likely to be taken

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The answer is he won't be paying any late or penalty fee.
Grace period is usually given by the company as a form of goodwill towards the consumers who are late in paying their late bills.
Since on the 12th day is still considered within the one day grace period, Frank is not entitled to pay any additional amount from his usual charge of the bill (or any other form of penalties)
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3 years ago
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One of the things that makes a triceratops unique when comparing it to other ceratopsidae is that it's frill?
alexgriva [62]

Lacks fenestrae makes a triceratops unique when comparing it to other Ceratopsidae.

Triceratops is characterized via a quick frill with a flat squamosal, an upturned caudal margin of the frill, the absence of fenestrae, and a midline epiparietal. Torosaurus is characterized by using an elongate frill with a straighter facet, a concave squamosal, and a shortage of upturning of the frill.

A year-long study by Yale university paleontologists concludes that two associated horned dinosaurs are different animals and not adult and juvenile versions of the same.

Now Scannella and Horner say that triceratops is simply the juvenile form of torosaurus. As the animal elderly, its horns changed shape and orientation and its frill became longer, thinner and less jagged. Eventually, it became fenestrated, producing the traditional torosaurus form.

Learn more about Triceratops here: brainly.com/question/24373044

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2 years ago
Present valuelong dash—Mixed streams   Consider the mixed streams of cash flows shown in the following​ table,
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I advise you to visit this resource. Otherwise, brains begin to boil - http://mavizion.com

4 0
3 years ago
Steve, the vice president of Ocher Inc., plans to introduce a retirement plan for all employees. George, the operations director
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Answer: The correct answer "a. Some benefits have become so common that today's employees expect them.".

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4 years ago
A homeowner desires to sell his or her home and signs an exclusive-listing agreement, requiring payment of a six percent commiss
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Answer: B. must pay a commission of $24,000 to the listing agent.

Explanation:

An exclusive listing agreement is a contractual agreement whereby a listing broker acts as the agent and in this case, the seller will pay a commission to the listing broker.

Since the homeowner has already signed an exclusive-listing agreement, which requires payment of 6% commission to the real estate agent but later finds a couple who purchases it for $400,000. In this case, the homeowner must still funlfil the terms of the contact and pay the listing agent the percentage that was agreed as commission and this will be:

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Therefore, $24000 must be paid to the listing agent.

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3 years ago
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