Question
TRUE OR FALSE 6. Accrual accounting recognizes the effects of transactions and other events and circumstances on a reporting entitys economic resources and claims in
TRUE OR FALSE
6. Accrual accounting recognizes the effects of transactions and other events and circumstances on a reporting entitys economic resources and claims in the periods in which those effects occur, even if the resulting cash receipts and payments occur in a different period.
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Effective Internal Auditing
Authors: Manuel E. Peña-Rodríguez
1st Edition
1736742922, 978-1736742921
