Revenue on an accrual-accounting basis is usually recognized as it is earned. Revenue in cash-basis accounting must

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Revenue on an accrual-accounting basis is usually recognized as it is earned. Revenue in cash-basis accounting must be received in cash. Is accrual-basis or cash-basis recognition of revenue more relevant for evaluating the performance of a company's sales staff? Why?

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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