Question: Content Area The general term used to indicate delaying the recognition of an expense already paid or of a revenue for which cash has already

Content Area The general term used to indicate delaying the recognition of an expense already paid or of a revenue for which cash has already been received is a. accrual b. inventory c. deferral d. depreciation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!