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 46 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?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

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
Brachial Plexus drawing plus the difference in the forearm Brachial Plexus drawing plus the difference in the forearm
The difference between a human and an ape. The difference between a human and an ape.
Difference Between a Sidereal Month and a Synodic Month Difference Between a Sidereal Month and a Synodic Month
Difference of Squares Difference of Squares
An electron is accelerated from rest through a potential difference of 3750 V. It enters a ... An electron is accelerated from rest through a potential difference of 3750 V. It enters a ...
Video: Neuron Type Animation

For a complete list of videos, visit our video library