True/False: each interim period is accounted for independently using customary revenue and expense recognition policies.

Answers

Answer 1

Each interim period is accounted for independently using customary revenue and expense recognition policies is TRUE because This means that the revenue and expenses recognized in each period are based on the activities and transactions that occurred during that specific period.

Interim periods, such as quarters or months, are treated as separate reporting periods for financial reporting purposes.

This ensures consistency, comparability, and accuracy of financial information throughout the year. Using established revenue and expense recognition policies allows for a clear and reliable assessment of an entity's financial performance during these periods.

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Related Questions

Instead of using cash to buy lunch, you use a______________, which takes money directly from your checking account, to pay for your personal pizza.

Answers

Instead of using cash to buy lunch, you use a debit card, which takes money directly from your checking account, to pay for your personal pizza. Debit cards are a popular alternative to carrying cash or using credit cards for purchases. They allow consumers to make payments directly from their bank account, without having to carry large amounts of cash or worry about accumulating credit card debt.

Debit cards are typically accepted at most merchants that accept credit cards, including restaurants, grocery stores, and online retailers. They are also often equipped with security features, such as PIN numbers or chip technology, to help protect against fraud or unauthorized use. Overall, using a debit card for everyday purchases can be a convenient and secure way to manage your finances.

Therefore, instead of using cash to buy lunch, you use a debit card, which takes money directly from your checking account, to pay for your personal pizza.

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Risk can be thought of as the possibility of incurring??

Answers

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

what are the basic requirements to become entrepreneur?Mention them​

Answers

Answer:

Most entrepreneurs start their career with a business bachelor's degree or a specific bachelor's in entrepreneurship and then nourish their skills in an MBA program. In MBA programs, students are motivated to use their creative potential as they learn to build ventures.

Explanation:

hope it will help you have a great day bye and Mark brainlist if the answer is correct

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Which of the following statements is true of big data analytics?
a. It analyzes customers' needs based on their proximity to a retail store.
b. It focuses on understanding the behavior of a brand's target customers.
c. It enables retailers and suppliers alike to gain better customer insights
d. It allows customers to evaluate the service quality offered by retailers

Answers

D. It allows customers to evaluate the service quality offered by retailers is not necessarily true for all big data analytics use cases. However, B. It focuses on understanding the behavior of a brand's target customers and C. It enables retailers and suppliers alike to gain better customer insights are both true statements about big data analytics.

What is big data analytics?

In order to find hidden patterns, correlations, and other insights, big data analytics involves studying and analyzing enormous and complicated data sets. Organizations can use this approach to gain useful information about their consumers, operations, and market trends, which aids in making educated decisions.

Big data analytics can be used on a variety of data sources, including unstructured data like text from social media or email, structured data like transactional data from databases, and semi-structured data like XML or JSON. Big data is difficult to process and evaluate using conventional data processing techniques due to its volume, diversity, and velocity.

Big data analytics uses cutting-edge tools and techniques like Hadoop, Spark, and NoSQL databases to handle and analyze huge data sets in a distributed and scalable way in order to get around these problems. In order to find patterns in the data and generate predictions based on them, it also makes use of machine learning and artificial intelligence techniques.

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Let’s assume that the code in section 7.4 to store the number of lattes per month is placed in a method called getNumLattes(). The method takes no arguments and returns the array numlattes.Write the method header. Make sure you include the appropriate access modifiers.

Answers

This method is used to store the number of lattes per month. This method is a static method and does not take any arguments.

It simply returns an array of integers that represent the number of lattes per month. The array can then be used for other calculations or for displaying the information in a graphical format. The method is declared as public, allowing it to be used by other classes.

This method is also declared as static, meaning that it can be called without having to create an instance of the class. This method is a useful way to store and access information regarding the number of lattes per month.

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What is the marginal revenue and marginal cost for this diagram?

What type of market is this? Explain your answer

What is the marginal revenue and marginal cost for this diagram?What type of market is this? Explain

Answers

Marginal revenue :

2060120200300420560

Marginal cost :

108210192640

It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.

Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.

Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.

Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.

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Which of the following decisions is most likely to create a temporary diseconomy of
scale? (Select the best answer.)
A)Buying supplies in bulk
B)Buying an expensive piece of machinery
C)Hiring employees who specialize
D)Using division of labor

Answers

Answer:

Buying an expensive piece of machinery

Explanation:

Which is NOT an indicator of a country's economic health?
A. GDP
B. standard of living
C. environmental awareness
D. inflation

Answers

Answer:

d

Explanation:

Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your recommendation for the best financial choice in their situation.

Answers

Answer: first one

As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.

Explanation:

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Property Mortgage Insurance is an insurance cost the bank charges if which of the following circumstances is true? A. You are borrowing over 80% of the worth of your home. B. You are only borrowing against the total equity of your home. C. You are borrowing 20% of the worth of your home. D. You are borrowing 40% of the worth of your home. 4​

Answers

Answer:

C. is the correct answer

PLEASE HELP!! I WILL GIVE BRAINLIEST!!!
Your manager has been asked to speak to a community group about an upcoming development project that will be demolishing an old mall and building a mixed-use space with apartments, retail, and office space—a topic that has created some controversy in the community. She’s asked for your help in putting together her presentation. Do you think that a live or virtual presentation would be most effective? Why? What types of multimedia elements do you think would be most engaging? Why?

Answers

Answer:

use both the photos to help with the anwer it cut the photo so you have to go back and forth for the anwer

PLEASE HELP!! I WILL GIVE BRAINLIEST!!!Your manager has been asked to speak to a community group about
PLEASE HELP!! I WILL GIVE BRAINLIEST!!!Your manager has been asked to speak to a community group about

Britain is becoming more of an entrepreneurial country as the number of new
businesses continues to grow. In 2019 there were 5.8 million small businesses.
This was an increase of 3.5% from 2018.
How many small businesses set up in 2019?
SELECT ANSWER
20,300
5.6 million
203,000
1.66 million​

Answers

Answer:

5.6 million

Explanation:

As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK, up from 5.6 million the previous year.

Define the term unemployment and explain the relationship between unemployment and crime​

Answers

Answer:

The term unemployment refers to a situation where a person actively searches for employment but is unable to find work.

an illegal act for which someone can be punished by the government. especially : a gross violation of law. : a grave offense especially against morality

Explanation:

hope it helps️️

PLEASE HELP ME WITH THIS! Identify the ways of talking during a group discussion that are cooperative or create conflict.
I don’t think I agree.
Could you explain?

Wow! That sounds dumb.

Let's ask what everyone
feels about this.

I understand how you feel,
but I’d like you to consider
a different perspective.

You’re not making any
sense right now.

Answers

Answer:

I understand how you feel,

but I’d like you to consider

a different perspective.

Explanation:

i hope this helps :)

Answer:

Drag each label to the correct category.

Identify the ways of talking during a group discussion as either cooperative or conflict-creating.

I don't understand

what you’re saying.

Could you clarify?

Your perspective is

limited.

So you can't

see the truth.

I understand what

you mean, but let's

ask if everyone feels

the same way.

I am open to your

views, but would

you mind considering

my perspective as well?

What I say is right

because I have proof.

Do you still

want to argue?

Explanation:

Demand for a given item is said to be dependent if:
A) it originates from the external customer.
B) there is a deep bill of material.
C) the finished products are mostly services (rather than goods).
D) there is a clearly identifiable parent.
E) the item has several children.

Answers

Demand for a given item is said to be dependent if there is a clearly identifiable parent (Option D).

Dependent demand refers to the demand for an item that is directly linked to the demand for another, parent item. In this case, the demand for the given item relies on the demand for the parent item, and changes in the parent item's demand will consequently affect the demand for the given item. This relationship is often found in manufacturing processes, where components and sub-assemblies are required to produce a final product.This helps to ensure that there are no shortages or excess inventory, which can result in lost sales or increased costs.

In conclusion, dependent demand is a crucial concept in supply chain management and is defined by the relationship between a parent item and its children items.

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Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale

Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character

Answers

Answer:veronica

Explanation:

sure

Answer:

yes i love riverdale my fav character is cheryl or betty

Explanation:

A passive fund manager would be most likely to do which of the following ?A- Research the stocks in the benchmakr's portfolio extensively so as to align with itB- Align with both the market and individual funds by using competitive informationC- Beat the Benchmark Index performance by achivieng a higher returnD- Match the fund's performance to the benchmark index 's performance

Answers

A passive fund manager would be most likely to do Match the fund's performance to the benchmark index's performance. Thus the correct option is D.

What is a Passive fund?

Funds that are managed passively stick to an index. High turnover may potentially be a problem for passively managed funds since the fund will experience it if the index experiences it. It results in lower risk, flexibility, effective tax rates, and ease of use.

An objective of a passive fund manager is to monitor the performance of a specific index or stock market. The index that passive managers are seeking to track and use to rebalance the fund are at odds with one another.

Therefore, option D is appropriate.

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100 point question + brainliest


Mike Oxmore has 69 apples, Moe Lester has 420, what is the mass of the sun?

Answers

The answer is 489 mass of the sun



.

Answer:

The mass of the sun is -  1.989 x 10 30 kilograms

Also, 69 + 420= 489

Explanation:

Hope this helps?

Have a nice day! <3

Name two global exchange services

Answers

Answer:

Western Union: western union has global presence and specializes in the delivery of transfer payments. Many people who lived in developing countries use Western Union to obtain the transfer payments that they are sent from relatives living in developed countries.

PayPal: PayPal works like Western Union but for online payments. It is the most commonly used platform for online payment in the world, has a global services, and provides an easy solution for people living in countries with capital controls for example, and who need to receive payments from abroad that originally come in foreign currency.

Answer:

wsp

Explanation:

wsp

How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.

Answers

Explanation:

Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.

As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of ​​market behavior.

IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.

What type of product/service management did Ray do?

Answers

The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.

What was Ray doing?

Product service management (PSM) is known to be a kind of a marketing function that is said to be based on making better a product or service due to market changes.

Note that involves an ongoing analysis of their features so that one can be able to improve as well as modify the items that are needed.

Ray in the above is carrying out  marketing information management by gathering information from customers to use so that he can set up the theater system seats. The activities is one that entail pricing and the use of the channel management function.

Therefore, The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.

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What type of product/service management did Ray do?

If costs increase from one alternative to another, the incremental cost is considered: An irrelevant cost A relevant cost An opportunity cost An avoidable cost

Answers

If costs increase from one alternative to another, the incremental cost is considered a relevant cost.

Relevant costs are costs that vary between alternatives and have an impact on decision-making.

are future-oriented and help in evaluating the potential outcomes of different choices. Incremental costs, specifically, represent the difference in costs between two alternatives being compared.

In the given scenario, if costs increase from one alternative to another, the incremental cost becomes relevant because it directly affects the decision-making process. By considering the incremental cost, decision-makers can assess the additional expense incurred by choosing one alternative over another and evaluate whether the benefits or advantages of the alternative justify the associated costs.

It's worth noting that irrelevant costs, on the other hand, are costs that do not vary between alternatives and do not impact the decision-making process. Opportunity costs refer to the value of the best alternative foregone when making a decision. Avoidable costs are expenses that can be eliminated by choosing a different course of action. In this case, since costs are increasing, the incremental cost becomes a relevant cost to consider in the decision-making process.

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Please help I will mark you as brainliest!!

The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?

A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery

Answers

The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.

What is the manager?

A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.

In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.

Therefore, option B is appropriate.

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You need to be sure that the prices chosen for each room type are:

Answers

Attracting visitors looking for a good deal, High enough to cover costs and turn a profit, competitive with nearby motels.

What class of hotel is it?

Hotels can be divided into several categories, including those based on their size, location, services, star rating, and facilities. The most prevalent classifications for hotels are property type and service level (full or limited) (full-service resort, limited-service hotel, and so on).

How do basic and standard rooms differ?

Basic lodgings are similarly small but marginally larger than a budget, and they have a window with a restricted outlook. For instance, standard rooms are more roomy and come with a view of the city. Budget, basic, and standard lodgings are small in size, and the same is true of the restrooms.

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Question:

When setting room rates in a hotel, what are the factors to consider to ensure that the prices chosen for each room type are:

Appealing to guests shopping for good value

Competitive with neighborhood hotels

High enough to cover costs and create profit

The quantity theory of money seeks to explain the connection between money and:.

Answers

The quantity theory of money seeks to explain the connection between money and aggregate demand.

The option (A) is correct.

As per the theory of money, on the off chance that how much cash in an economy copy, all else equivalent, value levels will likewise twofold. This implies that the purchaser will pay two times as much for a similar measure of labor and products.

The quantity theory of money makes sense of the connection between the cash supply, genuine result, costs, and expansion. It portrays the connection between expansion, the cash supply, genuine results, and costs. A hypothesis makes sense of how much cash is required for an economy to work.

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This question is not complete, Here I am attaching the complete question:

The quantity theory of money seeks to explain the connection between money and:

(A) aggregate demand.

(B) interest rates.

(C) the price level.

(D) unemployment.

(E) economic growth.

the reason that the law of demand exists is that: question 28 options: a) people always follow the law of the land. b) specialization leads to an increase in a person's standard of living. c) a higher price never reduces demand enough to lower producer's profits. d) people substitute cheaper products for more expensive products.

Answers

The reason that the law of demand exists is: D) "people substitute cheaper products for more expensive products".

The law of demand states that there is an inverse relationship between the price of a good and the quantity of it that consumers are willing and able to buy. This means that as the price of a good increases, the demand for it decreases, and vice versa. The reason that this law exists is because people have limited budgets and will often substitute cheaper products for more expensive ones.

This results in a lower demand for the more expensive product and an increased demand for the cheaper substitute. The law of demand forms a fundamental principle in economics and helps to explain consumer behavior and market dynamics.

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Orient Traders is an Accelerated - Threshold 2 remitter. Their last pay period ended on November 7th and the employees' paycheques were dated the same day. When would their remittances be due? (Note: Use the current year calendar provided in your student guide for all date determinations in this exam.)
1. November 14th
2. November 12th
3. November 25th
4. November 26th

Answers

Orient Traders' remittances are due on November 26th because the 10th business day following the end of the pay period is November 20th, but that day falls on a weekend and a statutory holiday.

Orient Traders is an Accelerated - Threshold 2 remitter, which means that their remittances are due on the 10th business day following the end of the pay period. The pay period ended on November 7th, so the 10th business day following the end of the pay period is November 26th.

Here is a breakdown of the calculation of the due date:

The end of the pay period is November 7th.

The 10th business day following November 7th is November 20th.

However, November 20th is a Saturday.

The next business day is November 21st.

However, November 21st is a statutory holiday.

The next business day is November 22nd.

However, November 22nd is a Sunday.

The next business day is November 23rd.

The next business day after that is November 26th.

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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.

In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison.

Answers

Answer: See explanation

Explanation:

The reasons for the difference in wages include:

1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.

2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.

3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.

Ophelia Org. uses the indirect method to determine net cash provided by operating activities. During 2017, Ophelia experienced a decrease in Accounts Receivable of $10,000, a decrease in Accounts Payable of $15,000, and Amortization Expense of $6,000. What should be reported as the net cash provided by operating activities if net income was reported at $100,000 and dividend payments were $25,000

Answers

The net cash provided by Ophelia Org.'s operating activities is $131,000.

Data and Calculations:

Decrease in Accounts Receivable = $10,000

Decrease in Accounts Payable = $15,000

Amortization Expense $6,000

Net income = $100,000

Dividend payments = $25,000

Net Cash from Operating Activities:

Net income =                                   $100,000

Add: Amortization Expense               $6,000

Decrease in Accounts Receivable  $10,000

Decrease in Accounts Payable       $15,000

Cash provided by operations =     $131,000

Thus, the net cash provided by Ophelia Org.'s operating activities is $131,000.

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Gerald has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid, which is the highest level of leadership Gerald has reached so far

Answers

Answer:

Level 4

Explanation:

THESE ARE THE OPTIONS FOR THE QUESTION;

Level 5

Level 4

Level 3

Level 2

From the question, we are informed about Gerald who has been an employee with GeoFuture Inc. for 15 years. He started with an entry-level job, and today he is a manager of an entire division. Over the years, Gerald has acquired a reputation for doing the right things in the company. Hence, as an efficient leader, he is capable of effectively communicating and motivating his subordinates to work toward the company's vision and mission. According to the Level-5 leadership pyramid. In whichever his case , the highest level of leadership Gerald has reached so far is Level 4

M anagement pyramid can be regarded as skills set which is deviced in describing the features of managers and employee to further their careers.

The employment pyramid model is one that gives illustration of descending hierarchy of pyramid having the CEO at the top of the level, followed by presidents at the second level followed by vice presidents, then on fourth level there is middle management followed by team leaders and supervisors that dominate the fifth level then the entry-level employees.

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