ACC 492 Week 2 Quiz

October 20, 2015  |  By  | 


For more course tutorials visit www.acc492.com Be prepared to take a quiz on topics covered in the assigned readings for Week two. 1. Expenses are normally accrued at the end of the accounting period by a small business that follows the cash method of accounting. (True/False). 2. List two expense accounts that are usually accrued at the end of an accounting period. (30%) 3. Name the document that is usually completed before a purchase order is executed. (30%) 4. Which assertion is of primary importance to the auditor in auditing accounts payable? Why

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