Using Accrual Accounting, Revenue Is Recorded and Reported Only

question 22

Multiple Choice

Using accrual accounting, revenue is recorded and reported only

• A) when cash is received without regard to when the services are rendered
• B) when the services are rendered without regard to when cash is received
• C) when cash is received at the time services are rendered
• D) if cash is received after the services are rendered

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Definitions:

Psychological Evaluation

An assessment conducted by a mental health professional to diagnose possible mental health disorders and assess an individual's emotional, cognitive, and psychological well-being.

Make Believe

A form of play or imagination where individuals create and act out scenarios that are not real.

Developmental Screening

A process that uses a brief test to identify if a young child is learning basic skills when they should, or if there are delays.

HEADSS Adolescent Risk Profile

A psychosocial interview tool designed to assess the major risks and strengths in the lives of adolescents across several domains: Home environment, Education and employment, Activities, Drugs, Sexuality, Suicide/depression, and Safety.