Answer:
A) November 30
Explanation:
Based on accrual principle of accounting, revenue is recognized when it is earned and not necessarily when cash is received.
Revenue is said to be earned when the obligation of the delivery of service or goods sold has been met.
As such, where a company accepts a customer's order on November 30 and immediately delivers the goods to the customer, revenue is said to be earned (and will be recognized ) on the day of delivery.
Reformation would be most effective in the case of Fred and Wilma.
<h3>What is the contract?</h3>
A promise that is enforceable by law is a contract. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making a proposal and the others accepting it.
The contract will be reformed as this was an error that was made with regard to the amount of $44 instead of $4. Fred was at a mistake but the change is going to happen with the same cause.
When an error has been made in a compact, the tribunal has the equitable authority to reconstruct it to match the parties' real intentions.
Learn more about the contract, here:
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The answer is c
I think this is the correct answer and very important when shopping. Its important to know the requirements of the item befor buying an automobile.
Hope this helps. Keep asking questions!
Answer:
Multiple Employer Welfare Association
Explanation:
A multiple employer welfare association (MEWA) is formed by at least 10 employers who want to lower the tax implications of providing life insurance benefits to their employees.
The whole group combines their contributions into a self-contributing health insurance plan that benefits their employees.
MEWAs are usually formed by small companies, since large corporations with tens of thousands of employees can do the same but on their own without needing other companies.
