Author Question: The general term used to indicate delaying the recognition of an expense already paid or of a ... (Read 75 times)

Deast7027

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The general term used to indicate delaying the recognition of an expense already paid or of a revenue already received is
 a. depreciation
  b. deferral
  c. accrual
  d. inventory

Question 2

Statistical tables are
 
  a. required in the basic financial statements and in the CAFR.
  b. optional in the basic financial statements but required in the CAFR.
  c. optional in the basic financial statements and optional in the CAFR.
  d. required in the CAFR.



scikid

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Answer to Question 1

b

Answer to Question 2

D



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