The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Not really. I do not totally agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year. The reason is that I think the NBA teams, with the support of the League, are only thinking about their economic interests after the Pandemic.
Something similar happens with the idea of the NBA charging higher single-game prices to nonseason ticket holders. I think that is not fair.
Fans are fans for the love of the game and the passion professed to their teams. They are loyal. They are always supporting the teams. No matter hell or high water. Fans' loyalty is out of the question.
It was not the fault of the fans the way the 2020 season was played. Yes, teams lost money and they are desperate to recover it quickly, but not at the expense of the people's hard-earned money.
Answer: Option C is true about Accruals basis
Explanation:
Cash basis states that transactions are only recognized when cash is received and paid. Some of the short comings of the cash basis was it didn’t regard the period in which transactions occured, etc
Accrual basis states that revenue is recognized when earned and expenses when incurred and not when cash is received or paid.
Option 1 is wrong because cash basis only records cash transactions.
Option 2 is wrong because Accruals basis is recognized by GAAP
Answer:
Explanation:
Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro.
In the given problem above, what will most likely happen if
the tax cuts increase consumer incentive to save is that the aggregate demand
will likely change as it will increase in the given situation, mainly because
of the tax cut in which it will consume or spend the money earned.
