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mariarad [96]
4 years ago
9

If your company uses accrual basis accounting, what do you need to pay special attention to? A. Money the company owes B. Money

that is owed to the company C. Cash flow D. Revenue
English
1 answer:
patriot [66]4 years ago
7 0

Answer: C.) Cash flow

Explanation: Cashflow refers to the flow or movement of cash or cash related items in and out of a business as captured by a financial statement. Hence, cashflow captures both inflows and outflows. This is of relative importance in accrual method of accounting whereby an organization's revenue and expenses are captured or recorded once the transaction is recognized and not until payment is made as done in cash basis of accounting. Hence, the focus when an organization utilizes accrual method should not be based only on revenue earned or funds owed by the company or that which the company is being owed. Focus should be on the both the company's inflow and outflow.

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This question is missing the excerpt. I will not add it here because it is quite long, but the complete question can be easily found online. The excerpt belong to "The Travels of Marco Polo".

Answer:

The option that indicates that the author's purpose is to inform readers about travel south of Madagascar and Zanzibar is:

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Explanation:

Marco Polo was a Venetian adventurer who lived from 1254 to 1324. "The Travels of Marco Polo" is a book based on his trips and discoveries and written by Rusticiano de Pisa, who met Polo and had the chance to hear the adventurer himself tell the stories.

<u>In the excerpt that can be found online, the author is informing readers about travel south of Madagascar and Zanzibar. The passage is written as it it were Polo himself describing the difficult travel conditions in the region. He provides readers with facts about the currents that prevent ships from going a certain direction. According to him, the currents are always southward. A ship may take 20 days to go a certain way, but three months to return precisely because of the currents.</u>

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