What is accounting read more on:During business transaction, revenue is said to be realized when the revenue from sales or services is recognized during the time of delivery. The term realization is a concept used when the revenue is recognized and recorded in the period in which they are realized. Another term used in realization is the revenue recognition principle.In revenue recognition principle, they are accepted as a revenue only once it has been earned.
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What is the antonyms of realization read more on:
The ABS Company is a motorcycle dealer. It receives order from the customers in advance against 30% down payment.After 5 days the ABS company will deliver the motorcycle and they will receive the remaining 70% of the price.
Using the realization principle, ABS company must not recognize any revenue until the motorcycle were delivered to the respective customers, when the risk and rewards incidental to the ownership of the motorcycle are transferred to the buyer.
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Explain why certain products such as Coca-Cola, manage to appeal to a widerange of market segments while other products cannot seem to
Coca - Cola bottling company is a well established and a stable when it comes to their core products such as Coke, Sprite, and Royal. They have a very good formulation of marketing strategy and are very dominant and popular in Asian countries. They owned and penetrate a wide-range of market shares in Asia. They are constantly doing some initiatives to maintain sales volume and a market share. Coca - Cola strictly maintain the taste of its core products and even its formulated products just to compete with other players in the market. They even tried to segmentized it market for coke like coke zero for diabetics market.
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