The expense recognition principle ("matching") dictates:

a) the ordering of current assets and current liabilities on the balance sheet.
b) when costs are recognized as expenses on the income statement.
c) where on the income statement expenses should be presented.
d) when revenues are recognized on the income statement.

Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews.    source: the new york times, february 24, 2008         draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.

Which of the following is a benefit of a hat? it has a sports team logo on it. it makes the wearer look cool. it is red. it costs $12.

Adepression can occur in the expansion phase of a business cycle. true or false