The matching convention assigns _____ to the related _____
a. expenses; revenues
b. revenues; revenues
c. assets; liabilities
d. liabilities; assets
e. assets; shareholders' equity
A
You might also like to view...
When considering a client's internal control, the auditors focus on its various characteristics. For each of the following characteristics indicate the auditors' responsibility under generally accepted auditing standards and the procedures used to meet that responsibility.a. The design of internal control. b. Controls have been implemented (placed in operation). c. The operating effectiveness of controls.
What will be an ideal response?
Cow Country Corporation (CCC) sells half of its land to the Double R Ranch. On the land is a reservoir. In the deed, CCC retains the right to remove a limited amount of water per day from the reservoir. This right is
A. a leasehold estate. B. a license. C. an easement. D. a profit.
An examination of jurors to determine their qualifications and suitability to serve is called the ____________________ examination
Fill in the blank(s) with correct word
Which of the following is not one of the ways to help increase the power of teams so that they can be effective?
a. Keep the team away from difficult challenges b. Make the team central to mission. c. Give the team meaningful tasks. d. Provide the team with access to decision makers.