Under accrual accounting, fees received in advance from customers should be shown as being earned:
A. When cash is collected.
B. When services are performed or goods delivered.
C. When tax rates are low.
D. When tax rates are high.
B
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Which of the following decisions is not financially sound?
A) Defer your student loan payments with no interest accruing B) Defer your student loan payments if the interest rate is 7% per annum C) Take a 60 month zero interest rate car loan D) Prioritize paying off the highest interest rate loans versus lower rate loans
Which of the following statements distinguishes between organizational culture and job satisfaction?
A) Job satisfaction is descriptive, whereas organizational culture is evaluative. B) Organizational culture is static, whereas job satisfaction is dynamic. C) Job satisfaction is immeasurable, whereas organizational culture is measurable. D) Organizational culture is descriptive, whereas job satisfaction is evaluative. E) Organizational culture measures how employees feel about an organization's expectations, whereas job satisfaction is concerned about how employees perceive the organization's culture.