Which accounting convention requires a note to the financial statements explaining the company's method of revenue recognition?
A) Comparability and consistency
B) Materiality
C) Conservatism
D) Full disclosure
D
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A ________ partnership occurs when the buyer and the seller have a close personal relationship that allows them to communicate effectively with each other.
A. transactional B. solo exchange C. relational D. functional E. hierarchical
Which of the following would cause a trial balance to be out of balance?
A. A transaction was posted to the wrong accounts. B. Only the credit portion of a transaction was recorded. C. A transaction was recorded twice. D. A transaction was not recorded.
The formality, privacy, and familiarity of one’s ______ impacts interactions and reactions to others.
a. culture b. social context c. environment d. relationships
MUS is based on which of following?
a. Attributes estimation sampling. b. Classical variables sampling. c. Population variability sampling. d. Expected error sampling.