ACC 290

ACC 290 WEEK 2 COMPLETE

ACC 290 Week 2 Complete,

Week 1 DQ 1 , 2, 3, 4, ,,

Week 2 Individual Assignment Week Two Problems and Exercises

, learning Team Reflection,

Summary, A++!!

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Week 2 DQ1

What is accrual accounting? Why do generally accepted accounting principles require accrual accounting?  What is the difference between accrual and cash accounting? When might an accountant use cash basis accounting without violating generally accepted accounting principles?

Week 2 DQ2

What is the revenue recognition principle? What is the expense recognition principle? Why are they important to financial reporting?

Week 2 DQ3

ACC 290 WEEK 2 COMPLETE