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Author Question: The difference between deferred revenue and accrued revenue is that accrued revenue has been ... (Read 330 times)

savannahhooper

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The difference between deferred revenue and accrued revenue is that accrued revenue has been recorded and needs adjusting and deferred revenue has never been recorded.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

When reporting on internal control deficiencies, an auditor need not report
 
  A. Significant deficiencies.
  B. Material weaknesses.
  C. Possible deficiencies.
  D. Immaterial differences.



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anyusername12131

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Answer to Question 1

False

Answer to Question 2

D





 

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