ACC 290 Week 2 DQ2 - 90351

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  • From: Business, Accounting
  • Posted on: Sun 03 May, 2015
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In order for organizations to provide reliable, relevant, and transparent financial information to owners, managers, investors, lenders, and the IRS they must use accrual based financial accounting systems. The revenue recognition principle necessitate that organizations recognize their revenue during the accounting time period that it is earned, not necessarily received...
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In order for organizations to provide rel