The term "accrual" describes an earnings event that is recognized before cash is received or paid.
Answer the following statement true (T) or false (F)
True
Accruals involve events such as earning revenue on account and incurring expense on account, in which earnings is affected before cash is received or paid.
You might also like to view...
Which of the following statements is true of the presentation of testimony?
A. A defendant's attorney may cross-examine each of the plaintiff's witnesses, trying to raise doubts as to the person's credibility or trustworthiness. B. A defendant's attorney may conduct a redirect examination to clarify the plaintiff's view of the facts. C. Under direct examination, each witness is sworn and then examined by the defendant's attorney. D. During a witness's testimony, the opposing attorney cannot object to the presentation of certain evidence.
What is formal communication in organizations? Describe the various types and provide an example of how each might be used in the workplace.
What will be an ideal response?
Which of the following HR competencies focuses on the ability to apply the principles of HR management to contribute to the success of a business?
A. Relationship management B. Ethical practice C. Consultation D. Organizational navigation E. HR technical expertise
As a department head, you cannot assume that your downward communication is
A) being received and understood by other department heads. B) offering employees the opportunity to air grievances. C) received and understood by people who report to you. D) sharing complete information with your peers. E) an informal network trusted by employees.