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Which is not one of the three principles that accrual accounting is based on? (Points : 1) The matching principle First-in, first-out inventory management Revenue recognition Depreciation of long-lived assets
Weegy: Which is not one of the three principles that accrual accounting is based on? First-in, first-out inventory management User: To test the theory of market efficiency, economists: (Points : 1) look for a trading rule that produces returns higher than the market average. look for trading rules that can repeatedly produce returns higher than the market average. use statistical correlations over returns over time. must have good luck because such results are difficult to find. (More)
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Asked 7/28/2013 1:33:27 AM
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A company’s balance sheet shows which of the following? (Points : 1) A dominant seller sets prices A company’s financial position over a period of time, say, the calendar year 2013 A company’s financial position at a point in time, say, December 31, 2013 Revenues for the period and matching costs
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Updated 7/28/2013 8:18:17 AM
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A company’s balance sheet shows: A company’s financial position at a point in time, say, December 31, 2013.
Added 7/28/2013 8:18:17 AM
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Suppose two investments produce the same expected cash flows. We would assign a higher value to the investment with: (Points : 1) lower risk. higher cash flow variability. higher risk. the highest possible cash flows under ideal conditions.
Weegy: 2. higher cash flow variability. User: Which is not one of the three principles that accrual accounting is based on? (Points : 1) The matching principle First-in, first-out inventory management Revenue recognition Depreciation of long-lived assets Weegy: Answer: Accrual Accounting' An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. [ The general idea is that economic events are recognized by matching revenues to expenses (the matching principle) at the time in which the transaction occurs rather than when payment is made (or received). This method allows the current cash inflows/outflows to be combined with future expected cash inflows/outflows to give a more accurate picture of a company's current financial condition. ] (More)
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Asked 7/28/2013 1:32:15 AM
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