Accrual accounting is used because a. cash flows are considered less important . b. it provides a

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Accrual accounting is used because

a. cash flows are considered less important.

b. it provides a better indication of ability to generate cash flows than the cash basis.
c. it recognizes revenues when cash is received and expenses when cash is paid.
d. none of the above.

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Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Dec 06, 2023 05:28 AM

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Accrual accounting is used because a. cash flows are considered less important . b. it provides a

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The detailed answer for the above question is provided below The correct answer is b It provides a b... View the full answer

Financial Accounting and Reporting a Global Perspective

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