Business, 24.03.2020 18:23 cybilmariejensen
The matching principle requires that expenses be matched to revenue so that efforts are matched to accomplishments. Which of the following reflects proper matching? a. Cost of goods sold is recorded when a sale is made. b. A patent is recorded as an asset at the time of purchase from an inventor. c. Construction of a building is completed on October 1 and depreciation is taken for the full calendar year (calendar year is the fiscal year). d. A loss on sale of an investment is allocated
Answers: 3
Business, 22.06.2019 21:00, thicklooney
You are given the following information about aggregate demand at the existing price level for an economy: (1) consumption = $400 billion, (2) investment = $40 billion, (3) government purchases = $90 billion, and (4) net export = $25 billion. if the full-employment level of gdp for this economy is $600 billion, then what combination of actions would be most consistent with closing the gdp gap here?
Answers: 3
Business, 23.06.2019 01:30, desimond01
Jodie lives in a developing nation where the local markets are underdeveloped in terms of domestic exposure. her country wants to boost these domestic industries in the face of heavy competition from foreign players in the market. which trade practice should jodie’s country adopt to shield its domestic industries from foreign players? jodie’s country should adopt to shield its domestic industries from foreign players. typing answer
Answers: 1
The matching principle requires that expenses be matched to revenue so that efforts are matched to a...
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