Answer:
This statement describes. c) revenue recognition
Explanation:
The revenue recognition principle states that one should only record revenue when it has been earned, not when the related cash is collected.
Answer:
What are the potential advantages and disadvantages of communicating customer satisfaction results to one group versus another group?
Explanation:
The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.
Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.
Answer:
inventory period
Explanation:
According to my research on different financial terminology, I can say that based on the information provided within the question this time lapse is called the inventory period. Like mentioned in the question this is the number of days inventory is held, calculated by subtracting the sale date from the day of purchase.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
<u>Answer:
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We can expect to see a large change in the quantity demanded for Good A.
<u>Explanation:
</u>
- As the price change in the price of good B is inelastic, it is but clear that the price of good B would not show any fluctuations even if there is an increase or decrease in the demand for good B.
- As the price of good B is not subject to decrease in the near future, it can be expected that the demand for good A would exhibit a sudden rise.