This topic contains a solution. Click here to go to the answer

Author Question: The revenue recognition concept a. is not in conflict with the cash method of accounting. b. ... (Read 27 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The revenue recognition concept
 a. is not in conflict with the cash method of accounting.
  b. determines when revenue is credited to a revenue account.
  c. states that revenue is not recorded until the cash is received.
  d. controls all revenue reporting for the cash basis of accounting.

Question 2

Service-sustaining costs are the costs of activities that managers cannot trace to individual services but that support the organization as a whole.
 
  Indicate whether this statement is true or false.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

b

Answer to Question 2

Answer: FALSE




gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jul 5, 2018
Gracias!


Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
:D TYSM

 

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?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

For a complete list of videos, visit our video library