QUESTION 31

In years of good proftis companies may postpone the recognition of some revenue to which they are entitled in order to "save' that revenue and recognize it in a future period when it may be having a bad year.

True

False

QUESTION 37

Which of the following functions in Excel allows you the user to find and link data in one spreadsheet from another?

	a.	VLOOKUP
	b.	Filter
	c.	Sorting
	d.	the MAX function

2 points

QUESTION 38

Fictitious sales schemes can never involve legitimate customers.

True

False

QUESTION 26

In a company's financial statements, the sale of a business operation must be included in____ and the sale of the company's core products should be included in____.

	a.	net income, operating income
	b.	operating income, net income
	c.	operating income, operating income
	d.	net income, net income