primary criteria the auditor should use in determining revenue to be recognized are: (1): persuasive evidence of an arrangement exists. (2): Delivery has occurred or services have been rendered. (3): The seller’s price to the buyer is fixed or determinable. (4): Collectability is reasonably assured. The most basic principle for revenue recognition is revenue has been realized or realizable and earned. B: (1) a: Multiple deliverable. Does the software and one year internet service has standard
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jobs‚ but do they remember how much they got paid? The average minimum wage currently is $2.13 for tipped workers as long as the total is not less than 7.25 per hour. Minimum wage is a large economic issue in our country for especially young people or people who are undereducated and did not go to college. Hillary plans on changing minimum wage and raising it to $12. I know a lot of people think raising the minimum wage also raises the prices of everything else‚ and it does‚ but for those who make minimum
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Statistics show that juvenile crime rates have increased significantly in the past decade. This leads to an increase in costs for juvenile courts‚ detention centers and prisons. Alternative methods‚ such as boot camps‚ have been created to help find another place for these juvenile delinquents. These boot camps are intended to provide a military atmosphere for the students in order to correct their behavior and help them become effective organizational members of society. There are many advantages
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I have been privileged enough to been raised in the upper middle class. This is because of my parent’s professions. As soon as I joined the military and was responsible for my own expenses‚ I become lower middle class. Once I exited the military and became a massage therapist and holistic health practitioner‚ I entered a middle class. Once I finishing my bachelor’s degree and become a Business Analyst‚ I will be in the upper middle class. I do not think I am a great example to compare my current
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Paper Title: How to structure a questionnaire A questionnaire is a structed sequence of questions used for data collection and research. There are four purposes for using questionnaires. The first is to get accurate information from the respondents. Secondly by using questionnaires we provide structure to interviews. The third purpose of using questionnaires is because we can write down every fact‚ comment and attitude of the respondents. Finally‚ questionnaires facilitate data processing
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committed by criminals who should’ve never had access to a gun in the first place. In order to reduce gun violence we need to start by reforming legislation‚ improving the mental and physical health of citizens in need‚ efficient and effective background checks including how and what is reported‚ keeping track of what guns are sold‚ lost‚ or stolen and smart and effective enforcement of our gun laws.
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Name: ADETUNJI HAKEEM ADEMOLA Dept: SOCIOLOGY Course: CRIMINOLOGY (409) Group: B REG. Number: 272040201 Level: 400 Question: DISCUSS HOW CRIME CAN BE REDUCE IN THE SOCIETY Answer: Introduction In Sociology‚ crime is identified as a deviant behavior. It is deviant in that it goes against accepted or written rules and laws that guide a society. All deviant behavior isn’t a crime. A crime occurs when someone breaks the
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your own words‚ define "revenues." Explain how revenues are different from "gains." b. Describe what it means for a business to "recognize" revenues. What specific accounts and financial statements are affected by the process of revenue recognition? Describe the revenue recognition criteria outline in the FASB’s Statement of Concepts No. 5. c. Refer to the Revenue Recognition discussion in Note 1. In general‚ when does Apple recognize revenue? Explain Apple’s four revenue recognition criteria. Do
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HOW TO REDUCE ACCIDENTS ON OUR ROAD? Time to time‚ half a million of Malaysians died because of road accidents. Malaysia is the country that has the highest accident rate in the world. The rise in the number of road accidents is indeed worrying. Even the road safety campaigns aimed at reducing road accidents have met with little success. Only when there is a change in the mindsets of road users can we expect a decrease in the number of road accidents. Even though we cannot prevent the accidents
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The share market is an important aspect in order to operate the economy that provides a way for individuals and businesses to interact . The share market also provides opportunities for companies or businesses to raise funds needed for their growth and gives returns to individuals for their surplus funds. The share market in Australia plays two key roles; it allows companies to sell shares to new investors and also shareholders to sell all of their security to a new owner. The Australian Stock Exchange
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