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Laura H.
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Personal Finance
TutorMe
Question:

What does ROI stand for?

Laura H.
Answer:

ROI stands for return on investment.

Accounting
TutorMe
Question:

When using the accrual basis of accounting, when is revenue recognized?

Laura H.
Answer:

Under the accrual basis of accounting, revenue is recognized when the goods or services are delivered to the customer.

Business
TutorMe
Question:

What are the five forces that are included in Porter's Five Forces model?

Laura H.
Answer:

The five forces in Porter's model are: competitive rivalry, bargining power of customers, bargining power of suppliers, threat of new entrants, and threat of substitutes.

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