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Lunna [17]
3 years ago
15

Which accounting principle states that a company should "record revenues when they provide goods and services to customers"?

Business
1 answer:
3241004551 [841]3 years ago
6 0

Answer:

Revenue recognition

Explanation:

Correct word for the given statement is Revenue recognition

Revenue recognition is a proper accounting rule (GAAP) that distinguishes the particular conditions wherein income is perceived and decides how to represent it. Normally, income is perceived when a basic occasion has happened, and the dollar sum is effectively quantifiable to the organization.

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Hello,

Your brainliest answer would be:

A benefit of 401k It is Less of investment risk.

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3 years ago
Read 2 more answers
Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The c
rjkz [21]

Answer:

Non-controlling interest in net income decreased would have by $6,000

Explanation:

The computation of net income is shown below:-

Profit on Intra-Entity Sales = Revenue - Cost of goods sold

= $200,000 - $140,000

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3 years ago
What is the first step when creating a 3-D range name?
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Answer:

C. Open the Name manager, and click New

Explanation:

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3 years ago
A college student has a new job, and must balance classes and commute times to work. the student takes two weeks to drive from c
ElenaW [278]

The dependent variable is the<u> "average time in minutes it takes to drive from campus to workplace. "</u>


A dependent variable is the thing that you measure in the analysis and what is influenced amid the investigation. The dependent variable reacts to the independent variable. It is called dependent since it "depends" on the independent variable. In a logical trial, you can't have a dependent variable without an independent variable.

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3 years ago
even though an open innovation model enables the firm to take advantage of external innovation conducted by other firms, it does
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False, the open innovation strategy enables the company to avoid utilizing external innovation carried out by other businesses.

<h3>What is Open innovation model?</h3>

Open innovation refers to the process of companies and organizations obtaining ideas from both internal and external sources. Sharing information about issues and appealing to those outside the company for advice and solutions entails this. Open innovation is the process of "increasing the markets for the external application of invention while accelerating internal innovation through deliberate inflows and outflows of knowledge."

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To know more about Open innovation model, visit:

brainly.com/question/15231173

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7 0
1 year ago
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