Author Question: According to accrual accounting, revenues are recognized when earned and expenses are recognized ... (Read 93 times)

abern

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According to accrual accounting, revenues are recognized when earned and expenses are
  recognized when incurred.
 
  Indicate whether the statement is true or false

Question 2

An all-stock portfolio is more risky than a portfolio consisting of all bonds.
 
  Indicate whether the statement is true or false


leeeep

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Answer to Question 1

TRUE

Answer to Question 2

TRUE



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