This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The difference between deferred revenue and accrued revenue is that accrued revenue has been ... (Read 56 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
on: Jul 5, 2018
The difference between deferred revenue and accrued revenue is that accrued revenue has been recorded and needs adjusting and deferred revenue has never been recorded.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

When reporting on internal control deficiencies, an auditor need not report
 
  A. Significant deficiencies.
  B. Material weaknesses.
  C. Possible deficiencies.
  D. Immaterial differences.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

D


savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jul 5, 2018
Thank you :)


anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

The difference between AZT-sensitive versus AZT-resistant reverse transcriptases The difference between AZT-sensitive versus AZT-resistant reverse transcriptases
Difference between chromosomes, chromatids, and chromatins Difference between chromosomes, chromatids, and chromatins
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
How to Factor a Difference of Squares How to Factor a Difference of Squares
Difference spectra of mitochondria Difference spectra of mitochondria
Sensitivity study for facial difference Sensitivity study for facial difference
Video: Introduction to filtration - filtrate formation and composition

For a complete list of videos, visit our video library