Match the Following

question 137

Multiple Choice

Match the following.You may use a response once,more than once,or not at all.
-Inspecting hops,an ingredient in beer

• A)Preliminary controls
• B)Screening controls
• C)Postaction controls

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Definitions:

Fees Revenue

Income earned from providing services, as opposed to selling goods.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated to depreciation expense since the asset was put into use.

Fees Earned

Revenue earned from providing services, as opposed to selling goods.

Income Summary

An account used in the closing process that summarizes the revenues and expenses of an accounting period.