Answer:
The revenue recognition principle
Explanation:
The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and not when cash is received for the service rendered
For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.
Answer:
The five steps of strategic decision-making include all of the following except:
Select the proper cost management technique.
Explanation:
Strategic decision-making is the process of planning and choosing a course of action to achieve company-wide goals as part of the long-term vision of an organization. It clarifies the company's big picture goals. It provides the organization the opportunity to align its short-term plans with its broad mission, thereby giving clarity and consistency to its operations. The problem is defined with information gathered, which helps to develop plans. The selection of the proper cost management technique is handled at the tactical level.
Answer:
could possibly be true but depended if the spoon is clean
Answer:
The percentage change in nominal GDP from 2013 to 2014 was 4.29%
The percentage change in real GDP from 2012 to 2013 was 1.48%
The percentage change in real GDP from 2012 to 2013 was higher than the percentage change in real GDP from 2011 to 2012. FALSE
Explanation:
In order to calculate this we just have to calculate the percentages with a rule of thirds:
To calculate the first one we use the nominal GDP which is the GDP with the current market value:
To calculate the change in real GDP we use the values adapted to a pre-agreed monetary value, in this case the dollar at 2009:
To calculate the 2011 to 2012 we insert the values:
So with this we know that it is wasn´t higher the percentage change from 2012-2013, than that of 2011-2012