Hello there!
I am not 100% sure with this one but I would go with B
Damages to the rental car.
Out of all the options, B sounds better.
I really hope this helps!
Answer:
The correct answer is letter "C": Each batch of production, known as a job or lot.
Explanation:
Job order cost systems are used to accumulate the cost per unit of items that are different enough, each one having significant costs. Under this costing system each item produced is given its direct material costs, labor costs, and overhead. Clothing, food, and aircraft manufacturing companies use the job order cost system.
<em>Unitary costs are accumulated per batch of productions under this type of costing system.</em>
Answer:
The answer is C. goods have been transferred from the seller to the buyer
Explanation:
Revenue Recognition states one should recognize revenue when it is earned and not only when cash is received.
Option C. is correct.
When goods have been transferred from the seller to the buyer, it means the buyer has bought something and the ownership and risk for the asset have been transferred to the seller. Well, this doesn't say whether cash is received at the point of exchange or not but revenue has been earned.
Option A is wrong. This transaction affects accounts receivable because revenue for this must have been collected before
Answer:
B. False
Explanation:
There was economic prosperity in the US economy.
