================================================= ACC 290 Week 2 Discussion Question 1
For more course tutorials visit www . uophelp . com
www . uophelp . com
Resources : Week 2 Learning Team Collaborative Discussion and the Learning Team Charter for Collaborative Learning Activities Write a 150- to 200-word individual response to the following :
· Consider the multiple definitions of collaboration .
· Define collaboration and how you will apply it in this course based upon the discussion with your Learning Team . Be sure to reference and cite your sources .
· Answer the question individually . Click the Assignment Files tab to submit your assignment and be sure to attach a copy of your Learning Team Charter for Collaborative Learning Activities .
================================================= ACC 290 Week 2 Discussion Question 1
For more course tutorials visit www . uophelp . com
What is the revenue recognition principle ? What is the expense recognition principle ? Why are they important to financial reporting ?
What are adjusting entries and why are they necessary ?
What are accruals ? Provide examples of accruals . Why do accruals require adjusting entries ?