Question

A common method used to smooth net income over time is: a. Using nonrecurring items to increase earnings in one year and reduce it later on b. Delay expenses into later periods c. Accelerate revenue into earlier periods d. Using accrual of operating expenses and future adjustments

Answer 1

Answer:

D. Using accrual of operating expenses and future adjustments

Explanation:

A common method used to smooth net income over time is using accrual of operating expenses and future adjustments