A Company Reported an Increase in Accrued Revenues and a Decrease

question 68

Multiple Choice

A company reported an increase in accrued revenues and a decrease in unearned revenues during 2010.Which of the following statements is correct?

• A)When determining cash collected from customers, both the increase in accrued revenues and the decrease in unearned revenues are deducted from sales revenues.
• B)When determining cash collected from customers, both the increase in accrued revenues and the decrease in unearned revenues are added to sales revenues.
• C)When determining cash collected from customers, the increase in accrued revenues is deducted from sales revenues and the decrease in unearned revenues is added to sales revenues.
• D)When determining cash collected from customers, the increase in accrued revenues is added to sales revenues and the decrease in unearned revenues is deducted from sales revenues.

---

Definitions:

Smoking Cessation

The process of discontinuing the habit of inhaling smoke from burning substances, especially tobacco, to improve health outcomes and reduce the risk of smoking-related diseases.

Vitamin C

An essential nutrient and antioxidant found in many fruits and vegetables, crucial for the repair of tissue and the enzymatic production of certain neurotransmitters.

Nutritional Status

The condition of an individual’s health as influenced by the intake and utilization of nutrients.

Persistent Nausea

Continuous or recurrent feeling of sickness with an inclination to vomit, which may indicate an underlying medical condition.