The revenue recognition principle states that revenue is recognized when the performance obligation is satisfied

All of the following edit checks for online editing of accounts receivable transactions would probably be included except

A) validity checks on customer ID and invoice numbers. B) check digit verification on the amount of the sale. C) closed loop verification on the customer ID. D) field checks on the values in dollar fields.

For advertising to be truly effective, it must focus on only one effect at a time

Indicate whether the statement is true or false