Which practice is in accordance with US GAAP? A. A company values assets at their market value. B. A company recognizes expenses when they incur them. C. The monetary unit principle takes inflation into account. D. The accounting period of a business keeps changing. E. Businesses and owners are legally dependent.

Answers

Answer 1

The correct answer is choice B.

Choice B, a company recognizes expenses when they incur them, is the only choice which is in accordance with US Generally Accepted Accounting Principals. All of the other options are against GAAP.

Answer 2

The correct answer is :B

Related Questions

Which of the following should you NOT do when collecting and evaluating data on your market?

Answers

You should avoid only looking for information that supports your initial idea. Instead, you should gather all the relevant data and then make your conclusions.

Once you’ve collected all of your data, it is time on analyze these or organize your findings. The analysis phase is crucial because it turns raw data into valuable insights that you can use of enhance your marketing strategies, products, and business decisions.

How to Evaluate Your Market Research Results

Descriptive Statistic Methods To the Evaluate Quantitative Data. Focusing to the variables that is present or determining.Inferential Statistical Methods on Evaluate Quantitative Data. Once your data had been summarized, more in-depth.Methods on Evaluate Qualitative Data

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Why would adjusting the money supply be expected to increase economic growth during a recession? A) Increasing the money supply will encourage more saving. B) Increased money supply will encourage more spending and investment. C) Decreased money supply will encourage more spending and investment. D) Recession is caused by too much spending, so money supply must be reduced.

Answers

B) Increased money supply will encourage more spending and investment.

Increasing the money supply means lowering interest rates to make it easier and cheaper to borrow money, which means that it will be easier and cheaper to spend money which will help stimulate the economy.

Answer:

B

Explanation:

According to Macroeconomics, in recession times, the first maneuver out is to increase the money supply. Keynesian economists argue that increasing that flow, will not only encourage more spending and investment but also turn a low aggregate demand into a higher one.

In addition to this, the Liquidity Theory advocates that the interest rates will be cheaper due to the increased flow of money into the economy.

when job hunting it is important to

A. GO TO SMALL BUSINESSES FIRST
B.ALWAYS GO TO BUSINESSES LATE IN THE DAY
C.BE READY TO PROVIDE REFERENCES
D.GO TO LARGE BUSINESSES FIRST

Answers

Either you go to small or large business firms, reference is always the key. C is the answer. Be ready to provide reference.

When you are hunting a job, you need to find out a strong reference in the firm you are going to apply for a vacant position. If you need to start your career, list down the firms you want to apply, then find out if there are vacant positions, then find out a strong reference there. Then go for the interview. There are more chances of getting a job through reference than to go without reference.

Answer:

be ready to provide references

Explanation:

apex

a business should not be concerned with where they hope to be in twenty years

A) True
B) False

Answers

This is false a business needs to be worried for the future to make sure they will still be in business.

Which of the following is NOT TRUE about Biomedical Engineering

Answers

there are no choices to help answer this question

Final answer:

Biomedical engineering integrates engineering and medical sciences, and plays a substantial role in advancing medical field and technologies. Patents, contrary to the question, play a crucial role in this field in securing intellectual property rights of its developments. Despite criticisms, the value of biomedical engineering in improving health care is undeniable.

Explanation:

The question asks for something that is NOT TRUE about Biomedical Engineering. Biomedical engineering is an interdisciplinary field that combines the principles of engineering and medical sciences. It is a field deeply rooted in biology, biochemistry and mechanics and makes use of new technologies and scientific methods to treat diseases and injuries. Further to this, the biomedical engineering plays a significant role in advancing the medical field, biotechnology and bioinformatics.

However, one piece of information that might not be correct is the idea that patents are almost irrelevant because technology is advancing so quickly. In fact, patents play a crucial role in biomedical engineering. They ensure the intellectual property rights of the developments and innovations in this field. Regardless of the quick technological advancement, patents are still necessary for securing the rights to these advancements.

Finally, biomedical engineering has its criticisms, such as the critique that it assumes predominance over other forms of healing and cultural knowledge and it may also perpetuate health inequalities. But, it is important to note these criticisms in the wider context of its role in improving health care delivery and treatment methodologies.

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You might have to leave a message when returning a call to an employer. What should you do?
A. Speak clearly and leave your number
B.Reiterate why you are a perfect fit for the job
C.Don’t leave a message; just keep calling until you reach the employer
D. Speak clearly and leave your e-mail address

Answers

I think the answer is A.

Hope this helps.

When it might have to leave a message when returning a call to an employer. It should speak clearly and leave your number. Thus, the correct option is (A).

If the recipient does not offer, you can request that a message be left by saying something like: - Caller: "Can/could I leave a message?" - Caller: "Can/could you please take a message?" - Caller: "Can/could you please ask him to call me back?"

Leave a message denotes that YOU phoned someone and they were not available. So you LEAVE a message with the secretary, leave a message on the answering machine, and so on.

Therefore, the correct option is "A".

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If the consumer Price Index for 1989 was 124.0 and the CPI for 1988 was 122.4 What was a rate of inflation?
A 1.6 percent
B 13 percent
C 1.3 percent
D 16 percent

Answers

I think it is c can u help me and thank me

1.6 percent was the rate of inflation.

The answer is option A.

How do you calculate the rate of inflation?

Subtract the past date CPI from the current date CPI and divide your answer by the past date CPI. Multiply the results by 100. Your answer is the inflation rate as a percentage.

Given

CPI for 1989 = 124.0 and CPI for 1988 = 122.4

124 - 122.4

1.6 %

Definition of Inflation (CPI) Inflation measured by the consumer price index (CPI) is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households.

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What is Net Worth? How do you calculate it?​

Answers

To calculate your net worth, add up the value of everything you own and subtract from that dollar amount everything you owe. In other words, your assets minus your liabilities equals your net worth.

Net Worth : the amount by which assets exceed liabilities.

Hello there!

Net Worth is the value of all the things that are positive, minus the amount of stuff that is causing debt, or liability.

To make a clear understanding, if you were to put it this way, Net worth would be the amount of cash you would have if you were to sell all of your personal belongings and pay off all the debt. Selling your personal belongings would be positive (+) cash, and paying off your debts would be negative (-) from the amount of money you have.

To calculate Net Worth, you would get the value of all the assets (valuables), and subtract it with the liabilities (things you own).

Equation:

Assets - Liabilities = Total Net Worth.

Lets give you a example of a positive net worth:

A person named Bob has many cars, houses, and expensive clothing., and already payed off all of the stuff All of those stuff would be a value of $1,000,000. He just bought himself a brand new Ferrari, but he is leasing the car, meaning that he owns the bank for the car. The car was worth $250,000.

In this case, you would get 1,000,000 and subtract it with 250,000.

1,000,000 - 250,000 = 750,000

Bob's Net worth would be $750,000

Lets give you a example of a Negative net worth:

Craig has a lot of expensive clothing, that would give him a total value of $75,000. He just brought himself a brand new Mercedes-Benz, that he is paying monthly for. The car would be $110,000.

In this case, you would do the same things when you calculate the Net worth, Assets - Liabilities.

75,000 - 110,000 = -35,000

Craig's Net Worth would be -$35,000, meaning that he is in debt.

Which of the following BEST explains why the United States government regulates marketers' anticompetitive behavior?
To ensure consumer safety

To ensure public safety

To promote the welfare of the country's economic system

To control the country's economic system

Answers

The government regulates anti competitive behavior to promote the welfare of the country's economic system. Before the anti-competitive laws were passed, large monopolies controlled markets and drove up prices and eventually hurt the economy.

The United States government regulates anticompetitive behavior of marketers to promote the welfare of the country's economic system. This ensures fair competition, protects consumers, and upholds the efficiency of the market. The government's multifaceted role as regulator, protector, provider, consumer, and promoter contributes to economic stability and growth.

The United States government regulates marketers' anticompetitive behavior primarily to promote the welfare of the country's economic system. This regulation is crucial for ensuring that fair competition is maintained, which is essential for a healthy market economy. By preventing anticompetitive mergers and ending restrictive practices, the government helps to avoid monopolies and oligopolies that can lead to inefficiencies and inequities in the economy.

The government also has a role as a protector, ensuring that consumer rights are safeguarded and businesses cannot take undue advantage of consumers or engage in abusive practices. Moreover, laws and regulations are established to protect health, the environment, and to enforce contracts, which is essential for the functioning of any market-based economy. The role of the government is multifaceted - as a regulator, provider, consumer, and promoter - each aspect contributing to the overall stability and growth of the economic system.

It is also important to understand that the government's role in the economy can evolve over time to reflect the changing needs and expectations of society, shifting the balance towards a more 'mixed economy' where both public and private sectors play a significant role.

Revenue is:
A. The amount of money a company has left over after paying bills
B. The amount of money a company pays its employees.
C. The amount of taxes a company has to pay
D. The amount of money a company makes from sales.

Answers

Answer:

Revenue is the amount of money a company makes from sales of goods and services or interest earned on investment ( D )

Explanation:

A revenue of a company is the money made(income) by a company from the sale of it goods and service or from interest been paid to the company for investments made by the company.

Revenue is calculated without consideration of expenses made by the company in acquiring these income. Revenue can also be said to be the turnover made from sales and investment of the company. royalties received are also considered as a companies revenue.

while to calculated the profitability of the company, expenses made to acquire the revenue is considered and subtracted from the total revenue using a specific time range.

Answer: D. The amount of money a company makes from sales.

Explanation:

Because it is true

After writing an official document, what strategy can you initially use to ensure that it makes sense?
A. Determine the purpose of the document.
B. Define your audience.
C. Delete all of the long words.
D. Read it aloud to yourself.

Answers

I would go with option D, Read it aloud to yourself.

Whenever I write an official letter, I read it aloud to myself, just to make sure i have written everything right. And also is it making sense or not. Also the purpose of the letter has been delivered successfully.

So this is the strategy I take initially after writing an official letter just to check if there is any error or not. Or does it require any correction.

In this way I usually identify my mistakes if I have done in the letter. Then I correct them and read it again. Through this way, i can identify the purpose of the document, I can define my audience, and i can delete/change all the long or repetitive words.

Barriers to change can be found in

A. borderless departments.  
B. functional corporate cultures.  
C. agile departments. 
D. dysfunctional corporate cultures.​

Answers

A is the answr have a good day

Which of the following would NOT be a part of someone's wealth? Select the best answer from the choices provided. A. money in a bank account B. value of an owned home C. value of a student loan D. money from investments

Answers

I am pretty sure it would be C by my best guess

Hope this helps;)

What represents the value of the second-best alternative that a person gives up when making a choice? A. marginal spending B. marginal benefit C. opportunity cost D. marginal cost

Answers

Opportunity cost represents the value of the second-best alternative that a person gives up when making a choice

Hello there!

Your answer would be C). Opportunity cost

The reason is why this would be your answer is because an opportunity cost is the value of an offer that an individual or a group of people had to give up in order to get a better offer. This happens all the time because there are people that get multiple offers, but then they would have to choose the best one that they want to take on, and would need to leave another offer as the "second-best." This would be known as the second option that would be the next runner up after the offer that was made.

Lets give you an example:

Tracie got two offers from a cleaning business that wants to invest in cleaning her donut company.

Offer #1 offers to charge her $25 a month for cleaning services.

Offer #2 offers to charge her $20 a month for cleaning services.

Tracie would choose Offer #2 because it is a cheaper service, therefore leaving the 1st offer as an opportunity cost, since she didn't take the offer but it is her 2nd best option.

Gardening supplies are hot now, but they haven't always been. Why is this true of other businesses, too?

A little gardening improves any business.

Hot businesses often go through cycles.

More businesses are hot now than ever before.

Traditional ideas are always the best.

Answers

i think your answer is B

ok

:P

╦___________________________________╦

│Hope this helped  _____________________│

│~Xxxtentaction ^̮^ _____________________│

╩___________________________________╩

Answer:

meoq

Explanation: meow

What advice would you offer to entrepreneurs on a limited advertising budget?

Answers

Advertisers on a budget need to know their customers because this can extend their advertising reach on limited budget. Social media can be a great option as this can be low cost or free depending on how its done.

Explanation:

Entrepreneurs are the people who run their own business alone and are solely responsible for the losses and profits of their business. They come up in the market with the innovative products. They have to fulfill the expense of their whole business solely, so they may have a limited budget for Advertising at the start of their business. So with the limited budget, I would suggest an entrepreneur to make use of the media mix for advertising his product. He may use local media, newspaper, Radio Advertisement, pamphlets, etc, initially to advertise the product while remaining in the budget. This would advertise his product and can manage their advertising budgets as well.

how can you effectively incorporate electronic and social media to reach a wider audience

Answers

Probably make it colourfull and eye-catching make the letters bigger so it is more easier to read and keep the pargraph short nad covincing and clear so it is not boring for the viewer i hope this is helpful I hope you enjoy

PLEASE HELP!!! ASAP!!Which of the following is a reason to approach smaller banks for a business loan? Question 5 options:

Their criteria for approving a loan are much less stringent than those for larger banks.

They emphasize personal relationships and may give more weight to personal attributes.

They have lower fees.

They grant larger loans.

Answers

Answer:

They Emphasize personal relationships and may give more weighted to personal attributes.

Explanation

Given the challenges of working with a big bank, many entrepreneurs are taking a different tack. Instead of wooing the big commercial institutions, they are courting community banks, where “relationship banking” is the rule, not the exception. It is easier to get a startup loan from community banks, according to the Independent Community Bankers of America. They can be a little more flexible, don’t have a bureaucracy to deal with, and are more apt to make character loans.

6. Self-concept is how a child

A. accepts the help of a caregiver.
B. sees himself or herself.
C. appears to other people.
D. sees other people.

Answers

the answer would be B
(self-concept is how one sees their self and their image, thus the “self” part of the word)

I would say B, but correct me if I'm wrong

This resume format focuses on the task or skills that an applicant can preform :
A.chronological
B.functional
C.electronic
D.scannable

Answers

The correct answer is B.

There are a number of ways to format a resume. A functional resume focuses on the tasks or skills that the applicant can perform.

Which of the following organizational forces deals with lobbyists? 

A. Social 
B. Political  
C. Economic  
D. Technological​

Answers

political

hope this helps :)

Answer:

B: Political

Explanation:

It is political because the lobbyists have information on people and give out information on people, they have records on who comes in and who goes out.

hyperlink is a feature that A. calculates data in the cell B. connect text in a document to an outside source. C. saves a worksheet to the OneDrive D. tracks the amount of data in a document​

Answers

B connects text in a document to an outside source.

Answer:

B. connect text in a document to an outside source

Explanation:

A hyperlink is a word, phrase, or image that you can click on to jump to an outside source, like a webpage or another worksheet.  It allows you to link external information in a simple way.

Which of the following is generally considered to be a skilled worker? A. Machinist B. Teacher C. Lawyer D. Store clerk

Answers

a. machinist i believe

A Machinist is considered to be the skilled worker.

A skilled worker is a worker who has some sort of skill to do the work. Some technical aspects are present in the skilled workers. Teachers, lawyers, store clerks don't need technical skill to work in their areas, but a Machinist has to have the required skill to perform his job. If he is not technically skilled enough, he won't be able to perform his job properly.  

The decisions you make with your money is called what?


There are no answer choices, I just need the correct answer!!!!!!

Answers

Well there are many decisions you can make with your money such as use it for a good cause or use it for reckless things. You could give to charity or just do nothing with it. It really depends

The decisions you make with your money are probably called the Financial Decisions.

A person has to take financial decisions to move in the life. There are many ways to decide what to do with your money. There are investment opportunities in the market. You can invest your money in real estate, in stocks, in treasury, or either let it be there in the bank account and have profit on that. These are the common decisions your make with your money. All these come under your financial decision category.

under a cafeteria plan , employees get:

Answers

Under a cafeteria plan employees get pre-tax benefits.

A cafeteria plans allows employees to get certain benefits without paying taxes on them.

Answer:

c

Explanation:

3. Describe three new weapons used in World War I and explain how each of these w

Answers

how each of these "w"?  im guessing it means work. and three weapons from then that are "new"? are:

Rifles. All nations used more than one type of firearm during the First World War. The rifles most commonly used by the major combatants were, among the Allies, the Lee-Enfield .303 (Britain and Commonwealth), Lebel and Berthier 8mm (France), Mannlicher–Carcano M1891, 6.5mm (Italy), Mosin–Nagant M1891 7.62 (Russia), and Springfield 1903 .30–06 (USA). The Central Powers employed Steyr–Mannlicher M95 (Austria-Hungary and Bulgaria), Mauser M98G 7.92mm (Germany), and Mauser M1877 7.65mm (Turkey). The American Springfield used a bolt-action design that so closely copied Mauser’s M1989 that the US Government had to pay a licensing fee to Mauser, a practice that continued until America entered the war.

Machine guns. Most machine guns of World War 1 were based on Hiram Maxim’s 1884 design. They had a sustained fire of 450–600 rounds per minute, allowing defenders to cut down attacking waves of enemy troops like a scythe cutting wheat. There was some speculation that the machine gun would completely replace the rifle. Contrary to popular belief, machine guns were not the most lethal weapon of the Great War. That dubious distinction goes to the artillery.

Flamethrowers. Reports of infantry using some sort of flame-throwing device can be found as far back as ancient China. During America’s Civil War some Southern newspapers claimed Abraham Lincoln had observed a test of such a weapon. But the first recorded use of hand-held flamethrowers in combat was on February 26, 1915, when the Germans deployed the weapon at Malancourt, near Verdun. Tanks carried on a man’s back used nitrogen pressure to spray fuel oil, which was ignited as it left the muzzle of a small, hand-directed pipe. Over the course of the war, Germany utilized 3,000 Flammenwerfer troops; over 650 flamethrower attacks were made. The British and French both developed flame-throwing weapons but did not make such extensive use of them.

there are many more, but here are 3 i found from a trustworthy source!

Final answer:

New weapons in World War I included the machine gun, altering infantry tactics; long-range artillery, which caused mass casualties; and tanks, which overcame trench obstacles. Aircrafts also added a new dimension to combat.

Explanation:

An equally pivotal development was the introduction of the tank by the British, designed to cross difficult terrains like barbed wire and trenches, offering a new form of mobile firepower and protection. The use of tanks broke the deadlock of trench warfare, ushering in a new era of combined arms warfare.

Finally, aircraft entered the arena of war, with both reconnaissance and combat roles, adding a new dimension to the battlefield. Aircrafts initially were used primarily for spotting artillery placements, but as the war progressed, they engaged each other in aerial combat, known as dogfights, and started to bomb ground positions.

These new technologies fundamentally shifted the strategies and experiences of warfare, contributing to the mass casualties and stalemates that defined World War I.

Suppose you own a restaurant were does the revenue come from

Answers

Revenue per hour of labor

Final answer:

Revenue in a restaurant comes from sales of food and beverages to customers, and a profit is earned when revenue exceeds production costs. A well-managed restaurant adjusts its operations to ensure revenues outpace costs for long-term business viability.

Explanation:

Understanding Revenue in a Restaurant Business

The revenue for a restaurant primarily comes from the sale of food and beverages to customers. In a scenario where a restaurant sells a single product, such as ice cream bars for $1.50 each, the equation for revenue, R = $1.5Q, is derived by multiplying the price per unit ($1.50) by the number of units sold (Q). Revenue can also come from other sources such as catering services, merchandise, and event hosting.

Operating a restaurant involves making numerous economic decisions, impacting both costs and revenues. For example, if a restaurant faces increased labor costs due to a rise in minimum wage or market conditions requiring higher wages to attract staff, it may need to adjust its prices or find efficiency savings. These decisions can affect the restaurant's profitability by influencing both revenue and costs.

When the revenue from selling products or services exceeds the costs of production, including expenses like wages, supplies, and rent, the business earns a profit. However, if the costs of running the restaurant are higher than the revenue it generates, the business will incur a loss. A restaurant must maintain a sustainable business model where revenues generally outpace costs to remain viable and successful in the long term.

savings account a and savings account B both offer aprs of 11% but savings account A compounds intrest quarterly while Savings Account B compounds intrest semiannually. which of savings account offer the higher APY​

Answers

The answer is savings account A.

Since savings account A compounds the interest quarterly it adds interest to the account every quarter. This makes it a more profitable account than one that compounds the interest semiannually. The reason is that the bank is adding interest more frequently, so you are earning interest on the interest that the bank has already paid you.

Answer:

savings account A, because it has more  compounding periods per year

Explanation:

The way you talk, stand, and sound are all important parts of the message you communicate. True or False

Answers

Answer:

true

Explanation:

The answer is true, if someone comes to you with their arms folded and they  are rolling their eyes while saying they are not mad at you would this effect  what you think?

What are four tips for using credit wisely?

Answers

1. stick to a budget

2.Pay your bills on time

3.Don't. buy or borrow what you can't repay

4.Don't max out your credit cards

5. Pay more than the minimum payment

Answer:

the other dude nailed it

1. stick to a budget

2.Pay your bills on time

3.Don't. buy or borrow what you can't repay

4.Don't max out your credit cards

5. Pay more than the minimum payment

Explanation:

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Which congruency statements are true? One of the primary reasons that governments seek to encourage population growth in their country is to __________. A. increase the social status of women B. improve the standard of living for the population C. reduce pressure on natural resources, such as land D. address the challenges created by an aging population Please select the best answer from the choices provided. A B C D 7 is greater than w, and w is greater than 2 use w only once in your inequality Consuming too many simple sugars can lead to what Why was the Nineteenth Amendment necessary? Black fur is dominant to white fur in guinea pigs. If two guinea pigs (Bb) are crossed what color and in what percentage What is the probability of the cross resulting in black fur? The table shows the ages of the swimmers on Dions swim team.The Mean age of the swimmers is 10. Complete the table to find the absolute deviation for each swimmers age Which statement about the Peale family or their paintings is true?A. Many of their paintings are landscapes or images from the imagination.B. Their paintings are nonrepresentational with simple shapes and few details.C. Charles Willson Peale was an artist, scientist, inventor, and soldier. There is a public debate between the three candidates for U.S. Senate. During the debate, the topics of oil and energy are addressed. Each candidate expressed their view on the issue:Edgar Eisenhower:"We need to cut our dependence on foreign oil. Instead, let's use the natural world around us. Think about the sun, wind, water, the heat of the earth, and the crops in our fields. These will make for affordable energy in the 21st century. We should fund research in those areas. Let us also increase tax credits for private investment in clean, renewable sources of energy."Rebecca Roosevelt:"We need to cut our dependence on foreign oil and develop a national energy strategy. We should provide tax incentives for producing energy in the U.S. Let's increase U.S. supplies of coal, oil, and natural gas. We should promote environmentally responsible exploration and development of oil and gas reserves. That includes federal land like Alaska's National Wildlife Refuge. Let's also advance clean coal technology."Terrance Taft: "Looking at our energy supply is one thinghow we're using it is another. We can drive smaller, more fuel efficient cars. We can invest in more efficient technology for our homes and businesses. These things add up and make a big difference. In fact, in several new buildings associated with Taft Inc., we address our energy needs with locally produced renewable energy. That wouldn't be possible if we were using outdated, energy guzzling technology."Some voters care deeply about finding alternative fuels to replace traditional energy sources like oil and coal. Which candidates would those voters most likely support? Rebecca Roosevelt and Edgar Eisenhower Rebecca Roosevelt only Terrance Taft only Edgar Eisenhower and Terrance Taft Find the quotient. -71/-12 What is the best metric unit to use for the mass of a grasshopper what is the range of data sets Select the proper order from least to greater for 1/2, 5/6, 2/7, 4/2. List 3 measurements with different units that are equal to 5 meters. __________ is a type of connective tissues on between the bones which allows the smooth movement of jointsA) cartilageB)synoviumC)a tendonD)a ligament The surface area of a rectangular prism is 250 cm 2. If its height is 10 centimeters, and its width is 5 centimeters, what is its volume? 500 cm 3 250 cm 3 200 cm 3 150 cm Which sentence uses the positive form of an adverb? A. Grandma sweetly sang a song. B. We should talk more often. C. Sarah learned guitar quicker than I did. D. That's the latest I've slept in weeks. What inference can you make from the passage from the nose SOLVE FAST!! WORK NOT NEEDED! (3x+1)^2=(2x5)^2 Factor the GCF: -4y^2 + 12y - 16A.) -1(4y^2-12y+16)B.) -4y(y^2-3y+4)C.) -(y^2-3y+4)D.) -4(y^2+3y-4) Steam Workshop Downloader