AICPA Exam CPA-Financial Topic 2 Question 16 Discussion

Actual exam question for AICPA's CPA-Financial exam

Question #: 16
Topic #: 2

Advertising costs may be accrued or deferred to provide an appropriate expense in each period for:

AOption A

BOption B

COption C

DOption D

Show Suggested Answer

Suggested Answer: B

Choice 'b' is correct. Yes - Yes.

Advertising costs may be accrued or deferred to provide an appropriate expense in each period for both 'interim' and 'year-end' financial reporting.

by Andra at May 07, 2022, 07:09 PM

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