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

Author Question: Which of the following items is a discretionary expenditure? a. Union wages. b. Factory building ... (Read 40 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
Which of the following items is a discretionary expenditure?
 
  a. Union wages.
  b. Factory building to produce inventory.
  c. Advertising.
  d. Taxes.

Question 2

Boulder Co uses the accrual basis of accounting. Boulder Co receives cash from customers in October for services to be performed in December. Which of the following is true?
 a. Boulder Co. should record revenue in October.
   b. Boulder Co. should record revenue in December.
   c. Boulder Co. should record the receipt of cash in December.
   d. None of the answers listed.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

c

Answer to Question 2

b




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jul 6, 2018
Wow, this really help


ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Excellent

 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library