1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shalnov [3]
2 years ago
6

In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been i

ncurred, even if they had not been paid yet. Bob is practicing the __________ principle.
a.) matching
b.) measurement/cost
c.) time period
d.) full disclosure
Business
1 answer:
Flura [38]2 years ago
8 0

Answer:

a.) matching

Explanation:

Matching principle is the accounting principle in which the expenses incurred should be recorded at the same period when the revenues are earned. Also the business incurred the expenses in order to earn the revenues

So as per the given situation since Bob recognized the expenses but it is not paid so here he is using the matching principle

Therefore the option a is correct

You might be interested in
During a reporting period, a computer manufacturing company used raw materials of $50,000, had direct labor costs of $75,000, an
sammy [17]
<span>To calculate the cost of goods sold we use the following formula:
 beginning inventory + the cost of goods purchased or manufactured = cost of goods available ending inventory.
 Since there was no beginning balance in inventory account and all goods were sold we can assume that cost of goods = total costs for the period. Adding up all costs for the period comes to $173,000.</span>
3 0
3 years ago
Xugo hit tht new rank ;0<br> good job bby
Ne4ueva [31]

Hello!

Um, Okay...

Good Job, for you bby hit a new rank...

Have a great day!

#LearnWithBrainly

Answer:

- TanakaBro

Plus, here is a anime image that might make your day happy. . .

8 0
2 years ago
Assume that Thomas can afford to buy as many candy bars and ice cream cones as he wants. He would continue to consume both candy
deff fn [24]

Answer:

Marginal utility of each becomes negative

Explanation:

Utility is defined as the level of satisfaction that a person gets from consuming a product.

The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.

That is there is no satisfaction anymore in consuming the product.

In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative

3 0
3 years ago
In hierarchical organizational structure, communication between employees tends to
Lubov Fominskaja [6]
Multiple times and divide
6 0
3 years ago
Cognitive dissonance occurs during which stage of the consumer decision-making process? A. problem recognitionB. information sea
Rainbow [258]

Answer:

E

Explanation:

Cognitive dissonance is sometimes referred to as buyer's regret and often arises when consumers begin to wonder if they made the right purchase decision. This happens during the post-purchase evaluation stage.

5 0
3 years ago
Other questions:
  • Most business processes are cross-functional or cross-departmental processes that span the entire organization. Which of the bel
    8·1 answer
  • RUSTON COMPANY Balance Sheet As of January 24, 2018 (amounts in thousands)Cash 9,000 Accounts Payabe 1,200Account Receivables 3,
    5·1 answer
  • To distinguish those combinations of goods and services that are affordable from those that are​ not, households need informatio
    12·2 answers
  • The economic system of the East Asian nation of Xinzen calls for public ownership of all businesses. The government has complete
    12·1 answer
  • When Congress passed a tariff in 1828, South Carolina tried to nullify it toa. To increase the price of exported and imported go
    14·1 answer
  • A Roth IRA and a Tax Deferred investment plan are just two of many ways you can invest into for your retirement. If you wanted t
    14·2 answers
  • The use of a variety of marketing channels to ensure maximum distribution is best called _______.
    6·1 answer
  • Select the correct answer.
    8·2 answers
  • The federal government or private associations might fund________to help an entrepreneur finance a new business.
    7·2 answers
  • Company ABC provides a dependent care assistance flexible spending arrangement to its employees through a cafeteria plan. In add
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!