The Adjustment for an Accrued Revenue

question 166

Multiple Choice

The adjustment for an accrued revenue:

• A)is necessary because a business often earns revenue before they receive the cash.
• B)increases a payable account.
• C)decreases a receivable account.
• D)is necessary because a business often receives cash before it performs the service.

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Definitions:

Orexin

A neuropeptide that regulates arousal, wakefulness, and appetite, playing a crucial role in sleep-wake cycles.

Categories of Sleep Disorders

Types of disorders that affect sleep, including insomnia, sleep apnea, narcolepsy, and restless legs syndrome.

Hypnogogic Hallucinations

Vivid perceptual experiences that occur at the onset of sleep, often blending reality with dreamlike elements.

Narcolepsy

A sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep, often caused by a deficiency in the brain chemical orexin.