dannyyyyyy295 dannyyyyyy295
  • 19-04-2024
  • Business
contestada


It is important not only to determine how much revenue to recognize (record), but also when to recognize it?

Respuesta :

jasminrivasjal702
jasminrivasjal702 jasminrivasjal702
  • 19-04-2024

Answer:

yes

Explanation:

Exactly, the timing of revenue recognition is crucial in accounting and financial management. The revenue recognition principle states that revenue should be recognized when it is earned and realized, regardless of when the cash is received.

Answer Link

Otras preguntas

What are the 5 primary functions of the skeletal system?
On the day of the great battle with the suitors, how does odysseus get past his anxiety about whether he is capable of fighting?
The nurse caring for a client with tuberculosis anticipates administering which vitamin with isoniazid (inh) to prevent inh-associated peripheral neuropathy
The superior boundary of the spinal cord is at the level of the
"no one really knows why they are alive until they know what they'd die for." ― martin luther king jr.
A(n) ________________ is an informal web site of time-stamped articles written in a journal format.
What is the slope of the line shown in the graph? −3 over 2 −1 over 2 3 over 2 Unidentified
Because of the ________, only ________ of the senate is up for reelection in every even-numbered year.
Find the differential of the function. z = e−4x cos(4πt)
2/7 = 10/N solve for N