Revenue for Which the Service Has Been Performed but No

question 21

True/False

Revenue for which the service has been performed but no entry has been made in the accounting records is accrued revenue.

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Definitions:

Criminal Laws

Laws that define behaviors prohibited by the state because they threaten, harm, or otherwise endanger the safety and welfare of the public.

Enforce

To enforce compliance or adherence to a law, rule, or obligation.

Administrative Tribunals

Specialized government bodies that make judicial decisions on a wide range of administrative and regulatory issues.

Statute

A statute is a formal written law enacted by a legislative body, as opposed to laws derived from judicial decisions (common law) or executive actions.