Author Question: Under the Sarbanes Oxley Act of 2002, the section on Corporate Tax Returns conveys a sense of the ... (Read 82 times)

kwoodring · **on:** Jul 5, 2018

Under the Sarbanes Oxley Act of 2002, the section on Corporate Tax Returns conveys a sense of the Senate that the corporate federal income tax returns be signed by the treasurer.
Indicate whether the statement is true or false

Question 2

The revenue reported on the Team Shirts' income statement has been earned during the accounting period. The accounting rule that applies is the ________.

A) going-concern assumption
B) historical-cost principle
C) revenue-recognition principle
D) matching principle