Accruals can occur when cash flows precede either revenue or expense recognition.
a. true
b. false
Ans: a. true
Business
You might also like to view...
Which of the following strategies is most closely associated with a societal marketing orientation?
a. Using greenwashing techniques b. Fostering opportunism c. Using clean energy sources d. Increasing overhead production costs
Business
Which of the following is NOT a flow typically found in a supply chain?
A) physical B) information C) monetary D) risk
Business