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

Author Question: The revenue recognition concept a. is not in conflict with the cash method of accounting. b. ... (Read 15 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The revenue recognition concept
 a. is not in conflict with the cash method of accounting.
  b. determines when revenue is credited to a revenue account.
  c. states that revenue is not recorded until the cash is received.
  d. controls all revenue reporting for the cash basis of accounting.

Question 2

Service-sustaining costs are the costs of activities that managers cannot trace to individual services but that support the organization as a whole.
 
  Indicate whether this statement is true or false.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

b

Answer to Question 2

Answer: FALSE




gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)


EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library