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An Adjusting Entry Would Adjust Revenue So It Is Reported

question 93

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An adjusting entry would adjust revenue so it is reported when earned and not when cash is received.


Definitions:

Discrimination

refers to unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by prejudice against others.

Facts

Statements or information that are true and can be verified or proven.

Cognitive Origin

The beginning or root of a thought process in the human mind.

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