The primary objective of the matching principle is to:
a. Provide timely information to external decision-makers
b. Provide full disclosure
c. Recognize expenses in the same period as the related revenue
d. all of the above
Ans: c. Recognize expenses in the same period as the related revenue
Business
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With a 10% discount rate, the present value factor of $1 received 10 years from now is 0.386
The present value of a $1 annuity factor for 10 years is 6.145. Given these values, the present value of a $1,000 (par), 10-year corporate bond with a 12% coupon rate is A) $6,191.32. B) $1,586.00. C) $1,123.40. D) $1,000.50
Business
RDBMSs store database definition information in system-created tables which can be considered a data dictionary
Indicate whether the statement is true or false
Business