The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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Answer:
She freed hundreds of slaves through the Underground Railroad
Explanation:
During the Civil War she was also Union Spy and help lead to the Emancipation Proclamation.
Answer:
Power
Explanation:
According to the text, <u>Power </u>refers to an individual’s ability to influence others to do what the individual wants, as well as an individual’s ability to resist the influence attempts of others.
Power is defined as the ability to influence the actions and decisions of others.
Answer:
a. True
Explanation:
This statement correctly describes the ideal behavior of this vehicle. A slow vehicle can be as much of a hazard when driving as a fast vehicle. A slow vehicle can make it difficult for other cars to pass, or to make accurate predictions of the vehicle's behaviour. Therefore, if the slow vehicle is making it difficult for other cars to pass, the best thing to do is to pull to the right whenever possible in order to allow other cars to pass.
Im sorry hindi ko alam kung ano ang iyong humihingi ng paumanhin :(
