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Because Adjusting Entries Allow the Proper Application of the Revenue

question 49

True/False

Because adjusting entries allow the proper application of the revenue recognition principle or the matching principle,they are a necessary part of cash-basis accounting.


Definitions:

Twisted-pair

A type of cabling that consists of two independently insulated wires twisted around each other to reduce electromagnetic interference.

Copper

A ductile, malleable metal with high thermal and electrical conductivity, widely used in electrical wiring and electronics.

Twisted-pair

A type of cabling that consists of pairs of wires twisted together to reduce electromagnetic interference.

Cable Medium

A physical transmission medium used in networking to carry data through wires, including coaxial and fiber-optic cables.

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