Revising for Correctness Involves

question 97

Multiple Choice

Revising for correctness involves

• A) ensuring that your writing is clear and confident.
• B) being sure you have included sufficient supporting evidence.
• C) checking for distortion by omission or commission.
• D) checking that you have met the reader's needs.
• E) fixing any grammar, spelling, or punctuation errors.

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Definitions:

Cash Basis

An accounting method where revenues are recognized when cash is received, and expenses are recorded when cash is paid out.

Accounting

The systematic process of recording, summarizing, and analyzing an organization's financial transactions.

GAAP

Generally Accepted Accounting Principles; the common set of accounting standards and procedures used in the U.S.

Accrual Basis

The accrual basis of accounting records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.