Author Question: Businesses commonly use cash registers with tapes that accumulate a record of the day's cash ... (Read 125 times)

abern · **on:** Jul 5, 2018

Businesses commonly use cash registers with tapes that accumulate a record of the day's cash receipts.
a. True
b. False
Indicate whether the statement is true or false

Question 2

An accrual is ________.

A) a transaction in which the action comes before the exchange of cash
B) a transaction in which the exchange of dollars comes before the action takes place
C) another term for a deferral
D) recorded when cash is paid in advance of receiving the service