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NEW QUESTION: 1
"A cash received as a loan is shown as revenue not as a liability, on the balance sheet. To correct for such cases, most cash accounting systems recognize not only cash but also other assets and liabilities arising through prior cash transactions. This adjustment, though, does not alter the fact that outstanding obligations have been incurred but not accounted for, thus overstating the available balance." This is an example of possible mishandlings after the selection of .
A. Accrual basis of accounting
B. Modified basis of accounting
C. Cash basis of accounting
D. None of these
Answer: C

NEW QUESTION: 2
Which process steps result in a stock-in-transit update? Note: There are 2 correct Answes to this question.
A. Post a stock transfer in two steps
B. Post a goods issue for a stock transport order
C. Create a delivery for a stock transport order
D. Post a goods receipt for a stock transport order
Answer: B,D

NEW QUESTION: 3
Wie hoch ist die Schätzung bei Fertigstellung (EAC), wenn das Budget bei Fertigstellung (BAC) 100 USD beträgt, die tatsächlichen Kosten (AC) 50 USD betragen und der verdiente Wert (EV) 25 USD beträgt?
A. 125 USD
B. 175 US-Dollar
C. 100 US-Dollar
D. 50 USD
Answer: A

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