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C_TFIN22_67 · Question #60

Which of the following statements are correct? Please choose the correct answer. Response:

The correct answer is D. Accrual calculation is used to distribute irregular expenses to the relevant periods. See the full explanation below for the reasoning.

Question

Which of the following statements are correct? Please choose the correct answer. Response:

Options

  • AAccrued costs have a corresponding expense in financial accounting.
  • BValuation difference doesn't have a corresponding expense
  • CAdditional costs have a corresponding expenses
  • DAccrual calculation is used to distribute irregular expenses to the relevant periods.

How the community answered

(26 responses)
  • A
    4% (1)
  • B
    12% (3)
  • C
    4% (1)
  • D
    81% (21)

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Full C_TFIN22_67 Practice