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QUESTION 72 The peridocity concept requires the matching of expenses against revenues earned during the same period of time. True O False QUESTION 73 A

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QUESTION 72 The peridocity concept requires the matching of expenses against revenues earned during the same period of time. True O False QUESTION 73 A chart of accounts is a listing of all open accounts. True O False QUESTION 74 When cash is received from a customer before the service is performed, accrued revenue occurs. O True O False QUESTION 75 Unearned service revenue would always appear on the balance sheet as a current asset and never on the income statement. O True O False

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