Click to watch the Concept Clip Deferred Revenues video and then answer the questions below. 1. Which explains why the adjusting process is necessary? a. To allow businesses to show a greater profit. b. Ongoing business activity brings changes in account balances that haven't been captured. c. To provide work for accountants. d. Businesses pay taxes at a different rate than private citizens do. 2. The adjusting process is applied at Microsoft a. to show appreciation expenses. b. to provide their accountants with work the company has already allocated funds for. c. because the company has different financial records for different products. d. because not all of the revenue from a sale is earned on the date of sale. Check My Work 3 more Check My Work uses remaining A 3