ACC 205 Week 4 Quiz 2 | Assignment Help | Ashford University
- ashford university / ACC 205
- 30 Jan 2020
- Price: $3
- Other / Other
ACC 205 Week 4 Quiz 2 | Assignment Help | Ashford University
Question 1
Accrued liabilities are considered to be long term
liabilities typically.
o
True
o
False
Question 2
Accounts Payable typically do not incur an interest
charge.
o
True
o
False
Question 3
Notes Payable typically does not incur an interest
charge.
o
True
o
False
Question 4
When an individual purchases an airline ticket for
travel 2 months from now the airline can recognize revenue immediately since
the customer paid for the ticket.
o
True
o
False
Question 5
Payroll is one of the most significant expenditures
many firms face.
o
True
o
False