Accrued Revenues Are Revenues That Have Been Earned,but the Customer

question 115

True/False

Accrued revenues are revenues that have been earned,but the customer has not yet paid for the goods or services.

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Definitions:

Habit

A routine behavior that is repeated regularly and tends to occur subconsciously.

Incentive

Something that motivates or encourages someone to do something.

Biological Deficiency

A condition where an organism lacks a substance or element necessary for its growth, maintenance, or functioning.

Achievement

Successfully reaching a goal through effort, skill, or courage, often recognized by some form of acknowledgment or reward.