B...... Is the correct answer i took the test
The matching principle and the revenue recognition principle are the two accounting principles that are critical to the adjusting process.
The revenue that should be recognized in the accounting period in which it is earned is stated by the revenue recognition principle. Efforts (expenses) can be matched with accomplishments (revenues) as stated by the matching principle.
Revenue recognition principle: It is a generally accepted accounting principle (GAAP) that stipulates how and when the recognition of revenue should be done. This principle is using accrual accounting requires in the revenues are recognized when realized and earned but not when cash is received.
The matching principle: It is also an accounting principle that records revenues and expenses. It needs the business records expenses alongside when revenues are earned. They both fall within the same period of time for the clearest tracking ideally. Businesses must incur expenses to earn revenues as which is recognized by the particular principle.
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Answer:
Transportation is the key of supply chain management.
The main focus of this statement is that the supply is the most essential part of being the goods actually delivered and made available for its consumption.
The goods require to be delivered on time and on the specific location for its maximum availability to the consumer to consume at the right time.
This is the main responsibility of the supply chain which is completed through transportation. With this information also plays a vital role, transportation is not possible accurately if the correct information is not available.
Yes I agree to the above statement, reason being that without transportation the consumer can not get the desired product at the right time at the right location.
Answer:
Product A $7.80
Explanation:
Calculation to Determine the most profitable product assuming the machine hours are the constraint.
PRODUCT A PRODUCT B
Contribution margin per unit $85.80 $107.80
÷Machine hours 11 14
=Contribution margin per bottle neck hour
$7.80 $7.70
Based on the above calculation Product A is the most profitable because product A profit Amount of $7.80 is higher than that of product B.
Answer: Sales promotion
Explanation: Sales promotion are special sales program used to draw customers to a particular product by applying price cuts for a particular period. Sales promotion are used simultaneously with adverts to pull customers to their product.
