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No handwriting and photo (managerial accounting) a-To makes income taxable, income must be realized and recognized. Explain in your own words the difference between income
No handwriting and photo (managerial accounting)
a-To makes income taxable, income must be realized and recognized. Explain in your own words the difference between income realization and income recognition, then provide a short numerical example to indicate the difference
b-Illustrate the concept of ROI with a suitable numerical example. How ROI is different from Residual Income? Explain in your own words
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