0
The total amount of money brought in by sales
Anonymous
Add your answer:
Earn +20 pts
What explains how revenue is determined?
The total amount of money brought in by sales.
Which of the following are in accordance with generally accepted accounting principles?
the revenue recognition principle dictates that revenue should be recognized in the accounting records?
What practice is when letting the expense follow the revenue?
This is the Accrual basis accounting method, which uses the matching principle (expenses following revenue) to record expenses when they are incurred, and revenue when it is earned (not on the date when cash is received or paid out).
How revenue is treated under long-term contract?
Revenue is calculated as per percentage of completion method in long term contracts like construction contracts as first of all total cost and revenue is determined and after that it is allocated to specific fiscal year according to the percentage of completion of contract or project
If marginal revenue is greater than marginal cost the firm should?
If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.
Which of the following best explains how revenue is determined?
A contract to deliver a particular commodity to a buyer sometime in the future. Apexx J.Pichardo
What explains how revenue is determined?
The total amount of money brought in by sales.
What explains how is determined?
The total amount of money brought in by sales is calculated.
What statements best explains why companies use ads?
To increase awareness of the product and increase revenue.
What explains why innate behavior is shared by members of the same species?
It is genetically determined.
Passing laws and raising revenue are the duties of which of the following?
The Legislative Branch passes laws and raises revenue.
Which of the following is NOT an independent agency?
Internal Revenue Service
Which of the following provided the revenue for the delhi sultanate?
kharaj
Which of the following explains best explains external jihad?
A struggles for the defense of Islam
What is a word that explains good for following orders?
to be obedient
How do you determine the optimal level of advertising?
the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
Advertising is the main source of revenue for which of the following industries?
Media
