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Author Question: The difference between deferred revenue and accrued revenue is that accrued revenue has been ... (Read 368 times)

savannahhooper

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

False

Answer to Question 2

D


savannahhooper

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Reply #2 on: Jul 5, 2018
Thank you :)


anyusername12131

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Reply #3 on: Jul 5, 2018
Happy to help you


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