Author Question: The general term used to indicate delaying the recognition of an expense already paid or of a ... (Read 72 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?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library