The revenue recognition principle guides accountants in Answer: D determine when to record revenues. The revenue recognition principle lets accountants know when they need to record revenues and at what amount to record. The revenue recognition principle states not to record revenue until it has been earned in full.
Answer:
Efficiency varaince 6,000 unfavorable.
Explanation:
std hours 27,500.00 (22.000 units x 1.25 units per hour)
actual hours 28,000.00
std rate $ 12.00
difference -500.00
efficiency variance $ (6,000.00)
Answer:
Financial
Explanation:
Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.
Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.
Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.
The right answer is financial accounting.
Answer:
B-Enables workers to learn a variety of skolls
Explanation:
Answer:
<u>30</u>
Explanation:
Under the relevant provisions of the Family Medical Leave Act, an employee whose leave requirements for the future are already known to him or which are predictable, should serve a notice for leave in the same regard at least 30 days prior to the expected date from which the leave shall begin.
If such leaves cannot be anticipated 30 days prior, the employee in such a scenario shall serve the notice for leave as soon as possible i.e the moment the leaves are anticipated. The term associated with above being, "as soon as practicable".