Author Question: The general term used to indicate delaying the recognition of an expense already paid or of a ... (Read 24 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?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

For a complete list of videos, visit our video library