Business process control plans relate to those controls ...

[crazycityslicker]

Business process control plans relate to those controls particular to a specific process or subsystem, such as billing or cash receipts.
  Indicate whether the statement is true or false

Question 2

Match the following terms with the appropriate definitions below. Some terms are used more than once.
 
  a. Accrued revenue
  b. Accrued expense
  c. Deferred revenue
  d. Deferred expense
 
  _____ 1. An end of period adjustment to recognize office supplies used during a period
  _____ 2. An end of period adjustment to recognize employee salaries earned but unpaid
  _____ 3. An end of period adjustment to recognize depreciation on certain long-term assets
  _____ 4. An end of period adjustment to recognize prepaid insurance used up during a period
  _____ 5. An end of period adjustment to recognize prepaid rent used up during a period
  _____ 6. An end of period adjustment to recognize interest costs incurred but unpaid
  _____ 7. An end of period adjustment to recognize earnings related to work done but not yet billed
  _____ 8. An end of period adjustment to recognize the amount of unearned revenue earned as of the end of the period

[abctaiwan]

Answer to Question 1

T

Answer to Question 2

d, b, d, d, d, b, a, c

[crazycityslicker]

Great answer, keep it coming

[mjenn52]

Thanks for the timely response, appreciate it