Author Question: Which of the following is a form of revenue? a. A check paying a mortgage b. A credit purchase ... (Read 38 times)

tnt_battle · **on:** Jul 6, 2018

Which of the following is a form of revenue?
a. A check paying a mortgage
b. A credit purchase invoice
c. Credit sales to charge customers
d. A cash purchase invoice
e. A check paying utilities

Question 2

As per Statement on Standards for Consulting Services (SSCS) No. 1, the standard of ________ requires a written or oral agreement with the client about each party's respective responsibilities and the nature, scope, and limitations of the engagement.

A) client interest
B) understanding with the client
C) communication with the client
D) professional competence

jaaaaaaa · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

C

Answer to Question 2

B
Explanation: B) The standard of understanding with the client requires a written or oral agreement with the client about each party's respective responsibilities and the nature, scope, and limitations of the engagement.