Gce Model Questions Vol1 2019 Financial Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Gce Model Questions Vol1 Financial Accounting examination.

Gce Model Questions Vol1 2019 Financial Accounting Objective / Multiple Choice Easy Difficulty
Question 23 GCE_MODEL_QUESTIONS_VOL1 • 2019 • FINANCIAL_ACCOUNTING • objective

Under the accrual basis of accounting, revenue is recognised at the point when it is ___.

Answer Options

A. realized
Correct Answer B. earned
C. received
D. collected
Correct Answer
B
Correct Option:
earned

About This Question

This is Gce Model Questions Vol1 2019 Financial Accounting Question 23. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Financial Accounting examination.

Difficulty level: Easy .

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