When flood conditions cause land to be washed away, this is known as

a. accretion.
b. alluvion.
c. avulsion.
d. accession.

Answer: c. avulsion.

Business

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The matching principle is also called the ________

A) adjusting entry concept B) revenue recognition principle C) expense recognition principle D) time period concept

Business

A company that pays its bills each month for its rent, heat, interest, and salaries regardless of its output is said to be incurring what type of costs?

What will be an ideal response?

Business