The advance cash payments of future expenses are called ________

A) accrued revenues
B) deferred expenses
C) deferred revenues
D) accrued expenses

B

Business

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A seller listed a house with a broker for 3 months. After one month, the seller decided to take the property off the market. The seller can withdraw the listing but may be responsible for paying some of the broker's expenses.

a. true b. false

Business

An organization that fails to plan will find it hard to assess progress

Indicate whether the statement is true or false.

Business