<u>The change in the owner's equity</u> is often documented in a separate revenue account when cash is received from sales.
<h3><u>What Is Revenue?</u></h3>
Revenue, which is determined by multiplying the average sales price by the number of units sold, is the money made from routine business operations. It is the top-line (or gross income) figure from which costs are deducted to calculate net income. On the income statement, revenue is referred to as sales.
Revenue is the money that a business generates via its operations. Depending on the accounting method used, there are various methods for calculating revenue. Sales made on credit will be included in revenue for products or services delivered to the client in accrual accounting. Revenue may be recognized in accordance with certain regulations even though payment has not yet been made.
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Answer:
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Answer: True
Explanation: The above statement relates to the importance of logic studying in day to day life and the value of critical thinking in making decisions affecting one's personal and professional life.
An individual having ability to think logically and construct good arguments can have strong impacts on others around him or her by showing an attractive and strong personality.
Thus, from the above points we can conclude that the given statement is true.
Answer:
It represents a 5% change to the marketing mix.
Explanation:
The change = 500/10,000 x 100 = 5%.
Company A's change in a variable can be compared with another index, by expressing the change (addition) as a percentage of the index. For instance, the sale of 10,000 units is an index. The additional 500 units that is needed to be sold represent the change. In percentage terms, the change can be divided by the index and then multiplied by 100.
Answer:
The two approaches used by an organization or a corporation to minimize the risk of unauthorized access to personal data by employees as set out below.
Explanation:
- Training courses to protect workers from inadvertently delivering information
- Build a website that gives users only the details they will have to complete their work nothing more. Ensure that each consumer has his or her own set of passwords and that payments are logging in.
Hence, it is the right answer
