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Alecsey [184]
2 years ago
13

Does anyone know anything on accounting????

Business
1 answer:
Dafna1 [17]2 years ago
6 0
Pick a new career bro
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The generally accepted accounting principle which dictates that revenue be recognized in the accounting period in which the perf
Allisa [31]

Answer: (C) Revenue recognition principle

Explanation:

The revenue recognition is one of the type of principle that help[s in understanding the various types of accounts based guidelines that helps in identifying the particular condition in which the revenue is basically recognize.

The importance of third principle is that it helps in ensure the actual loss or the profit Margin that maintains the financial credibility.

According to the given question, the revenue recognition principle basically accepting the various types of accounting principle that helps in satisfying the performance obligations.      

Therefore, Option (C) is correct answer.

5 0
3 years ago
Use the following information in answering questions 1 - 9. Assume persons of type 1 value quality level z and the product itsel
Mnenie [13.5K]

Answer:

c. 6

Explanation:

The maximun profit is determined by the point where the Marginal Revenue (MR) is equal to the Marginas Cost (MC).

Solving for person of type 2 and considering Z=1.

The marginal cost equation:

MC = 2 + 4z

MC = 2 + 4(1)

MC = 6

The demand equation:

P2 = 24 - 2Q2 + 6z

P2= 24 - 2Q2 + 6

P2= 30 - 2Q2

To calculate the Marginal Revenue, we calculate, at first, the total profit:

Total profit=P*Q2

TP=(30-2Q2)*Q2

TP=30Q2 - 2Q2^2

Taking the derivative of the total profit, we obtain the Marginal Revenue

MR = 30 - 4Q2

Finally, set the MR and MC, and solve for Q2

30 - 4Q2 = 6

24 = 4Q2

<h2>Q2 = 6</h2>

3 0
3 years ago
How has the Internet dramatically reduced search costs?a. by making the shopping experience more funb. by eliminating the need t
ArbitrLikvidat [17]

Answer: Option (b) is correct.

Explanation:

Correct : by eliminating the need to travel to stores to shop.

Internet literally reduced the search cost by saving the travel time of the consumers to the shopping stores. Now days, almost all the consumers prefer to buy products online instead of travelling here and there for the products.

Buying products from the stores involves certain costs such as travelling cost, waste of time, miscellaneous,etc.

Hence, internet facility helps in reducing these kind of costs, that's why in today's world mostly people rely more on internet for shopping and all instead travelling to the stores.

7 0
3 years ago
Evaluate the following slide and make recommendations for improving it.
muminat

Style:

Too many bullet points and text on one slide. Make the text bigger and consolidate points. The image is irrelevant and should be replaced with something relevant to the points or deleted all together

Content:

Many of the bullet points are on the same topic but separated for some reason. You could say "The project will start December 3rd and will run for 6 months" which combines 2 of the points. Also, don't say "this project is important!" <em>Show </em>how important the project is through objectives and goals.

7 0
2 years ago
Read 2 more answers
As pilar is trying to communicate to miguel his error in going over budget, pilar is considered the _____ in the communication p
Ganezh [65]
<span>Pilar is considered the sender in this case. He is the person putting out the messages that Miguel, as the receiver, needs to attend to, receive, and understand. Pilar needs to communicate these messages in a form that will be recognizable and can be replied to for proper communication to have taken place.</span>
5 0
2 years ago
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