All of the following statements are true except one. Which statement is false?
选项:
A:Accrual accounting produces better information than cash-basis accounting.
B: Adjusting entries are required for a business that uses the cash basis.
C: The expense recognition principle directs accountants to identify and measure all expenses incurred and deduct them from revenue earned during the same period.
D: A fiscal year may end on some date other than December 31.
发布时间:2024-03-28 10:54:23