Author Question: The general term used to indicate delaying the recognition of an expense already paid or of a ... (Read 80 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
The general term used to indicate delaying the recognition of an expense already paid or of a revenue already received is
 a. depreciation
  b. deferral
  c. accrual
  d. inventory

Question 2

Statistical tables are
 
  a. required in the basic financial statements and in the CAFR.
  b. optional in the basic financial statements but required in the CAFR.
  c. optional in the basic financial statements and optional in the CAFR.
  d. required in the CAFR.



scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

b

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library