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GrogVix [38]
2 years ago
6

Cost outlays are recorded as an expense when they are incurred to earn revenue in the _______________ accounting period

Business
1 answer:
Deffense [45]2 years ago
8 0

Answer:

Present

Explanation:

An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period

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Dogs R Us has two product lines: collars and leashes. Income statement data forecasted for next year is as follows: COLLARS LEAS
Temka [501]

Answer: -$2,565

Explanation:

Operating Income with the Leashes line is $11,000.

If the Leashes line is dropped, the operating income would be:

= Sales of Collars - Variable expenses - Fixed expenses of Collars - Residual fixed expenses pf Leashes

= 210,000 - 135,000 - 56,000 - (38,000 - 27,435)

= $‭8,435

Change in Total income =  Income without Leashes - Income with LEASHES

= 8,435 - 11,000

= -$2,565

8 0
3 years ago
What are the rules of brainstorming? Check all that apply.
Allisa [31]

Answer:

<h3>Always make sure to write all the ideas down. </h3><h3>Make no judgement.</h3><h3>Briefly discuss and elaborate on each idea as they are presented. </h3><h3>Let people know they will be brainstorming in advance if possible .</h3>

Explanation:

  • One of the most basic rule of brainstorming includes the practice of inclusiveness. It is important to bring all ideas together and write it down as in a brainstorming session, quantity matters over quality.
  • Each and every idea should be <u>respected by all</u>. One should not make any judgement of another person's idea.
  • It is important to briefly discuss each idea as they are presented as to fully <u>comprehend the main motive behind each idea</u>. Some ideas become more refined as we discuss more upon it.
  • It is also important to let the members know that there will be a brainstorming session in advance so that <u>each member can think of an idea before the actual session</u> takes place.
8 0
3 years ago
The legal contract between the bondholders and the issuer is called the bond ______.
Simora [160]

The legal contract between the bondholders and the issuer is called the bond <u>indenture.</u>

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

Read related link on:

brainly.com/question/25562729

4 0
2 years ago
Can someone help me??
astra-53 [7]

Answer:

Accuracy and attention to detail, Problem solving and critical thinking skills, Knowledge of programming language .

Explanation:

Hooe it helps..

6 0
3 years ago
Read 2 more answers
The data dictionary serves as _________.a. an important data management tool by assigning attributes to the data. b. creating an
Troyanec [42]

Answer: Creating an inventory of the data elements contained in the database.

Explanation:

The data dictionary of an organization is a central data storage location. The data dictionary helps to give an organization the information on data they have and how their data is interrelated.

5 0
3 years ago
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