Using the same method of accounting over a considerable period is referred to as the _____________ principle.
Question:
Using the same method of accounting over a considerable period is referred to as the _____________ principle.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Using the same method of accounting over a considerable period is refer...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
Question Posted:
Students also viewed these Business questions
-
Required a. Use professional judgment in deciding on the preliminary judgment about materiality for earnings, current assets, current liabilities, and total assets. Your conclusions should be stated...
-
[Action in equity by John F. and Horace E. Dodge, plaintiffs, against the Ford Motor Company and its directors to compel the declaration of dividends and for an injunction restraining a contemplated...
-
The accrual method of accounting: A. States that revenue should be recognized in the period when cash is received b. Requires that revenue be recognized in the accounting period when it is earned C....
-
Albert owns 100% of the shares of ProTech Services Inc and is has decided to sell the business. He initially invested STG 100,000 in the shares of the business 20 years ago. He has negotiated a...
-
The following expenditures and receipts are related to land, land improvements, and buildings acquired for use in a business enterprise. The receipts are enclosed in parentheses. (a) Money borrowed...
-
SR 4.37 How are rows and columns numbered in a GridPane layout? How would you specify the cell that is three over and two down from the upper left corner?
-
There has been much opposition to the Trans-Pacific Partnership (TPP). For a sampling of arguments against this proposed pact, visit www.globalexchange.org, www.citizenstrade. org, and...
-
With the rapid growth of cloud computing, many organizations are contracting with third-party service providers to process and store all kinds of data off site. In doing so, entities are now...
-
On September 1, 2020, Cot Inc. received an order for equipment from a Russian customer for 200,000 rubles when the U.S. dollar equivalent was $130,000. Cot shipped the equipment on October 1, 2020,...
-
What is Conservatism? Can you think and give illustrations of this concept being misused?
-
Financial Accounting information is: (a) A summary of historical events, both financial and non financial (b) The result obtained from appropriate measures (c) Enhanced by managements explanation (d)...
-
What is the observed relationship between debt ratios and profitability and the perceived costs of financial distress? Why does the relationship between leverage and profitability imply that capital...
-
Recall from Case 1.2 that Auto Concepts is a new division of a large automobile manufacturer that has been slowly losing market share to its competitors. Auto Concepts was created to reclaim the...
-
(a) Draw a simplified ray diagram showing the three principal rays for an object located inside the focal length of a diverging lens. \((b)\) Is the image real or virtual? (c) Is it upright or...
-
Show that the ray exiting the block in Figure P33.53 is parallel to the ray entering the block. Data from Figure P33.53
-
The element is subjected to the state of stress shown. If the material is machine steel having a yield stress of \(\sigma_{Y}=750 \mathrm{MPa}\), determine the factor of safety with respect to...
-
Determine the vertical displacement of the ring at point \(B\). \(E I\) is constant. B P A
-
Anyone looking at the fragmented 21st-century landscape of media and entertainment options might be surprised to learn that poetry was once a dominant medium for not only creative literary expression...
-
Give codons for the following amino acids: (a) Th (b) Asp (c) Thr
-
Identify the three items of information necessary to calculate the future value of a single amount.
-
Janice Dodds opens the mail for the Ajax Plumbing Company. She lists all customer checks on a spreadsheet that includes the name of the customer and the check amount. The checks, along with the...
-
You have been hired as a consultant by a parts manufacturing firm to provide advice as to the proper accounting methods the company should use in some key areas. In the area of receivables, the...
-
En prenant un exemple de votre choix, montrer comment on value un swap de taux de change.
-
How much would you need to invest today in order to receive: a. $10,000 in 5 years at 11%? b. $11,000 in 12 years at 8%? c. $12,000 each year for 10 years at 8%? d. $12,000 at the beginning of each...
-
A company that manufactures pulse Doppler insertion flow meters uses the Straight Line method for book depreciation purposes. Newly acquired equipment has a first cost of $190,000 with a 3-year life...
Study smarter with the SolutionInn App