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Norma-Jean [14]
3 years ago
9

An accrual system of accounting prescribes;

Business
2 answers:
balu736 [363]3 years ago
7 0
B -Accrual accounting measures a company's performance and position by recognizing economic events regardless of when cash transactions occur, whereas cash accounting only records transactions when payment occurs.
julia-pushkina [17]3 years ago
6 0
The answer to this is B
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Which is true of​ price-setters? A. Their pricing approach emphasizes target costing. B. Their pricing approach emphasizes​ cost
olchik [2.2K]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Price-setters is a community or individual, who set a fair price for a particular commodity or product, these types of Individual or community has a higher quality of goods or product that gave him the ability to set his prices.

Other firms are called price taker who depend on the market price

Price-setters firms use a pricing approach.

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3 years ago
In which 2 ways can you create a customized template for a project in qbo
natta225 [31]

The two ways you can create a customized template for a project in QuickBooks online are as follows:

<em>1. Use an inbuilt </em><em>project template</em><em> and then </em><em>customize </em><em>it to your style.</em> This method involves the use of a standard or custom template. Then, you can adjust the tasks, due dates, and assignees as required.

<em>2. Create a new </em><em>project template </em><em>by </em><em>customizing</em><em> it to match your needs.</em>

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Learn more about creating a customized template for a project in QuickBooks online here: brainly.com/question/21642966

7 0
2 years ago
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What new laws to the New York factory investigating commissions request check all that apply

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3 0
2 years ago
Presented below are three revenue recognition situations. (a) Groupo sells goods to MTN for $901,000, payment due at delivery. (
LekaFEV [45]

Answer:

Groupo

Transaction Price                 When Revenue should be recognized

a. $901,000                          the delivery date

b. $879,000                          the sales date

c. $443,000                          the sales date

c. $37,000                            in the period interest is earned.

Explanation:

1) Data and Analysis:

a. Delivery date: Cash $901,000 Sales Revenue (MTN) $901,000

b. Sales date: Accounts receivable (Grifols) $879,000 Sales Revenue $879,000

c. Sales date: Accounts receivable (Magnus) $480,000 Sales Revenue $443,000 Deferred Interest Revenue $37,000

2) According to the IFRS 15 and ASC 606, Revenue from Contracts with Customers, revenue should be recognized when performance obligations have been met.

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That seems true if its a true or false question
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