题目
题目

22730 Auditing and Assurance Services - Spring 2025 Prerequisite Accounting Quiz

单项选择题

Q19. Why will Cash Inflows and Cash Outflows not always be exactly equal to Revenues and Expenses?

选项
A.Cash flows and revenues and expenses should always equal.
B.Cash flows are completely different to revenues and expenses, so they will never equal.
C.Only errors in the accounting entry will cause cash inflows and outflows to differ from revenues and expenses.
D.Accruals and deferrals will cause cash flows to differ from revenues and expenses.
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标准答案
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思路分析
Consider the relationship between cash flows and reported revenues/expenses in accounting. Option 1: 'Cash flows and revenues and expenses should always equal.' This is not true in general because companies recognize revenues and expenses when earned or incurred (accrual basis), while cash ......Login to view full explanation

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