答案和详解如下： 34、Correct answer is B "Understanding the Income Statement," Thomas R. Robinson, Hennie van Greuning, Elaine Henry, and Michael A. Broihahn 2008 Modular Level I, Vol. 3, 148-151 Study Session 8-32-b explain the general principles of revenue recognition and accrual accounting, demonstrate specific revenue recognition applications (including accounting for long-term contracts, installment sales, barter transactions, and gross and net reporting of revenue) and discuss the implications of revenue recognition principles for financial analysis The amount of cash recorded is identical for both methods and is equal to the total cash received less total costs incurred. At the end of Year 2, a total of $4 million had been billed and collected but only $3.6 million in costs had been incurred.
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发表于 2008-11-27 16:46
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