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During an accounting period a business earned OMR 3,000 revenue, but cash was not received in the same period. Which of the following options correctly
During an accounting period a business earned OMR 3,000 revenue, but cash was not received in the same period. Which of the following options correctly describe the item involved in this transaction?
a.
Accrued revenue
b.
Prepaid expense
c.
Accrued expenses
d.
Unearned revenue
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The Internal Auditing Handbook
Authors: K. H. Spencer Pickett
3rd Edition
0470518715, 978-0470518717
