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kaheart [24]
3 years ago
12

What is the periodicity assumption? Companies should recognize revenue in the accounting period in which services are performed.

Companies should match expenses with revenues. The fiscal year should correspond with the calendar year. The economic life of a business can be divided into artificial time periods.
Business
1 answer:
laiz [17]3 years ago
7 0

Answer:

The economic life of a business can be divided into artificial time periods.

Explanation:

Generally the accounting period is a calendar year, or in case if it is not the same then it is the period of 12 months. Although sometimes the management wants to take decisions based on short time period than the actual accounting year.

Accordingly in the accounting world based on this assumption the companies tend to make accounting records even for such desired period. Accordingly it assumes to divide the accounting period into artificial time periods.

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Suppose that the federal administration plans to fight a deep, ongoing recession with a nationwide plan of increasing infrastruc
defon

Answer: Increase (+)

Explanation:

The Government component of the Aggregate Demand refers to money spent by the Government/ Public sector to provide certain needs for the economy such as Education, Defense and Healthcare.

When the government spends on infrastructural development such as the scenario described in the text, they are engaging in a form of spending known as Government Investment. This will increase the amount of G in the aggregate demand model.

4 0
3 years ago
A corporation must register as a _____ in every state in which it operates other than its state of incorporation
dusya [7]
<span>A corporation must register as a </span><span><span>foreign corporation </span>in every state in which it operates other than its state of incorporation </span>


6 0
3 years ago
. Suppose that a car dealer has a local monopoly selling Volvos. It pays w to Volvo for each car that it sells, and charges each
kicyunya [14]

Answer:

The dealer will sell 15 Volvos

Explanation:

Consider the following formulas to calculate the Q of which optimize the exercise.

Profit = Q*p

Profit = (30-q)*q

Profit = 30q - q^2

Differentiating with respect to q, we get

30-2q = 0

2q = 30

q=15

The dealer will sell 15 Volvos

6 0
3 years ago
Each of Professor A and Professor B at UTD has a private secretary, who can type four letters per hour. The letters are generate
nydimaria [60]

Answer:

Average waiting time = 7.5 minutes

Explanation:

UTD private secretary can type the number of letters = 4  per hour by each.

By professor, the letter generated = 3 per hour by each

Thus by pooling the average time will be the time that comes by dividing the one hour with total letters in an hour.

Use the below formula:

Average waiting time = Minutes in one hour / total letters

Average waiting time = 60 / 8

Average waiting time = 7.5 minutes

6 0
3 years ago
A manufacturer using the _____ promotional strategy focuses its promotional efforts on end consumers.?
Triss [41]
The appropriate response is a pull promotional strategy. A pull promotional strategy propels clients to effectively search out a particular item and it best for new items or for the situation when a maker has a solid and unmistakable brand.
7 0
3 years ago
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