Business & money
What is the matching principle quizlet?

What is the matching principle quizlet? Matching Principle. The matching principle states that an expense must be recorded in the same accounting period in which it was used to produce revenue. What is meant by the matching principle? The matching principle is an accounting concept that ...

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What is the level used for?

What is the level used for? A level is a tool used to determine whether a surface is horizontal (level) or vertical (plumb). What is a level tool used for? Level, device for establishing a horizontal plane. It consists of a small glass tube containing alcohol or similar liquid and an air ...

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What is the maximum LTV?

What is the maximum LTV? You can get a conventional loan with an LTV as high as 97%. However, your LTV may need to be lower depending on your circumstances and the exact type of loan you're getting. An LTV of 80% or lower will help you avoid private mortgage insurance. What is the maximum ...

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What is the maximum slope for a sewer line?

What is the maximum slope for a sewer line? For 4-inch PVC piping and a building sewer less than 50 feet long, the minimum slope is 1 inch in 8 feet, or 1/8-inch per foot, and the maximum is 1/4-inch per foot. For sewers longer than 50 feet, the slope should be 1/4-inch per foot. How steep ...

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What is the Lochner doctrine?

What is the Lochner doctrine? The law prohibited employees from working in bakeries for more than 10 hours per day or 60 hours per week, and provided criminal penalties for bakeries that violated these maximum-hours provisions. Joseph Lochner was a German immigrant who owned a bakery in Utica, ...

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What is the long distance trade?

What is the long distance trade? Long-distance trade, the third type of trade, was unknown in Central. Africa before the arrival of the Europeans in the fifteenth century. It. involves more than a passing on from market to market of goods coming. from distant places; it is direct trade over ...

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What is the macro level?

What is the macro level? noun. a general or abstract level that is large in scale or scope. What does macro level mean? adjective. at or on a level that is large in scale or scope: macrolevel research on crime rates in urban areas. noun. a general or abstract level that is large in scale or ...

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What is the main idea of Marxism?

What is the main idea of Marxism? Marxism posits that the struggle between social classes—specifically between the bourgeoisie, or capitalists, and the proletariat, or workers—defines economic relations in a capitalist economy and will inevitably lead to revolutionary communism. What are the ...

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