Question: do all question please Question 18 (1 point) In accrual basis of accounting, only business transactions are recorded when cash has been paid or received
do all question please


Question 18 (1 point) In accrual basis of accounting, only business transactions are recorded when cash has been paid or received A) True o B) False Save Question 1 (1 point) In an accounting system, an 'account" usually refers to a bank account O A) True B) False Save Question 20 (1 point) Going concern means a company has an expectation of unlimited life O A) True B) False Which attributes are true about Financial Accounting. O A) Financial statements include an annual report but do not conform to a certain set of standards. Financial accounting is used primarily for external reporting. The users of financial infomation include owners. employees, and investors. o c Financial accounting is used primarily for internal reporting. The users of financial information include owners employees, and investors. O D) The financial statements are formal reports based on market values. Save Question 22 (1 point) Company culture can either encourage or discourage unethical behavior. A) True B) False
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