Suppose that you are the division controller, and you receive instructions from the division manager to accelerate the recognition of actual expenses on the books. These are expenses that have not yet been incurred or “used up” and should be recognized (recorded in the books) in a future period. What would you do? Why would a division manager make such a request?
Assume that the company is using the accrual basis of accounting when responding to this discussion question. For further information on expense recognition in a business using the accrual basis, view the following video:
Your discussion post should be at least 200-250 words in length. This resource may be your textbook or outside research. Use APA citation to properly credit your supporting material.
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