Translate the following sentence into Chinese. "These two financial statements reflect the accrual basis accounting used by firms to match revenues with the expenses associated with generating those revenues."
举一反三
- TRANSLATE THE FOLLOWING SENTENCE INTO CHINESE. "Financial accounting generally refers to the process results in the preparation and reporting of financial statements for an entity."
- Under the accrual basis of accounting, revenues are reported in accounting period when the: A: Cash is received B: Service or goods have been delivered C: Cash is paid D: Expense matches the revenues or is used up
- TRANSLATE THE FOLLOWING SENTENCE INTO CHINESE. "Investing activities in an entity are those associated with the acquisition and disposal of long-term resources used in the entity’s production, selling or administrative tasks."
- The accrual basis of accounting commonly results in financial statements that are less comparable from period to period than the cash basis of accounting.
- The cash basis of accounting commonly results in financial statements<br/>that are less comparable from period to period than the accrual basis<br/>of accounting ____ A: True B: False