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Author Question: The matching concept requires expenses be recorded in the same period that the related revenue is ... (Read 96 times)

Pea0909berry

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on: Jul 5, 2018
The matching concept requires expenses be recorded in the same period that the related revenue is recorded.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A nonfederal entity is required to have either a Program-Specific Audit or a Single Audit if they
 
  A. Received 300,000 or more in federal awards.
  B. Expended 300,000 or more in federal awards.
  C. Received 500,000 or more in federal awards.
  D. Expended 500,000 or more in federal awards.


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underwood14

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

True

Answer to Question 2

D


Pea0909berry

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

Jsherida

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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