Since the revenue recognition principle requires that revenues be recorded when earned, there are no unearned revenues in accrual accounting.
A: 正确
B: 错误
A: 正确
B: 错误
举一反三
- 中国大学MOOC: Since the revenue recognition principle requires that revenues be recorded when earned, there are no unearned revenues in accrual accounting.
- Since the revenue recognition principle requires that revenues be<br/>recorded when earned, there are no unearned revenues in accrual<br/>accounting. A: True B: False
- 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
- The matching principle requires that expenses be recorded in the same time period as when the expense actually makes its contribution to revenue. In other words, expense recognition is tied to revenue recognition.
- 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."