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Author Question: The revenue recognition concept a. is not in conflict with the cash method of accounting. b. ... (Read 16 times)

gbarreiro

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on: Jul 5, 2018
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.


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yasmin

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

Answer: FALSE


gbarreiro

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
Excellent

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