The financial manager recognizes revenues and expenses utilizing
A. the accrual method.
B. the actual inflows and outflows of cash.
C. the standardized, generally accepted, accounting principles.
D. the revenue method.
Answer:B
The financial manager recognizes revenues and expenses utilizing
A. the accrual method. B. the actual inflows and outflows of cash. C. the standardized, generally accepted, accounting principles. D. the revenue method.