Many companies assign only the net invoice price for merchandise to inventory and cost of goods sold. All other costs, including transportation and other costs of bringing merchandise to the place of business, are charged to expense of the period in which they are incurred. Which accounting principle or concept is applied in this example?
a. Historical cost
b. Matching
c. Cost/Benefit
d. Conservatism
c
Business
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Listening to a message then summarizing it back to the sender for verification is known as
a. paraphrasing. b. rewording. c. rephrasing. d. reflecting.
Business
List and define some of the important shifts that have taken place in business and marketing practices
What will be an ideal response?
Business
What is the relationship between the factors that influence perception and changing behavior? Why is it important?
What will be an ideal response?
Business
A noun tells what the subject does or is or what happens to it
Indicate whether the statement is true or false
Business