Which of the Following Is True of Accrued Revenues

question 237

Multiple Choice

Which of the following is true of accrued revenues:

• A)At the end of one accounting period often result in cash receipts from customers in the next period
• B)At the end of one accounting period often result in cash payments in the next period
• C)Are also called unearned revenues
• D)Are listed on the balance sheet as liabilities
• E)Are recorded at the end of an accounting period because cash has already been received for revenues earned

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Definitions:

T-statistic

A ratio used in hypothesis testing that compares the observed difference between sample mean and the population mean relative to the sample variability.

Sample Mean

The average of all the data points in a sample.

Z-statistic

The Z-statistic is a type of standard score that indicates how many standard deviations an element is from the mean, used in hypothesis testing for normal distributions.

Standard Error

A measure that describes the distribution of sample means around the population mean in a sampling distribution.