Question:Why would a company break revenue up into specific accounts instead of having one master "revenue" account?
A Once a company chooses a method, it is never changed. Someone early on made a mistake by creating the level of detail
B It allows the management and the staff to examine and analyze each of the revenue streams for errors, patterns, and comparisons
C It creates work for the accounting department
D It is required by tax laws
+ AnswerA
+ Explanation
+ Report