Organizations that do not need to prepare GAAP financial statements a. are not concerned with raising large

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Organizations that do not need to prepare GAAP financial statements

a. are not concerned with raising large amounts of capital from investors.

b. use the accrual basis of accounting only.

c. often use the cash or modified cash basis of accounting.

d .both "often use the cash or modified cash basis of accounting" and "are not concerned with raising large amounts of capital from investors".

Related Book For answer-question

Valuation The Art and Science of Corporate Investment Decisions

ISBN: 978-0133479522

3rd edition

Authors: Sheridan Titman, John D. Martin

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Posted Date: Apr 02, 2022 02:55 AM

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Organizations that do not need to prepare GAAP financial statements a. are not concerned with raising large

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Correct answer d both often use the cash or modified cash basis of accounting and are not concern... View the full answer

Valuation The Art and Science of Corporate Investment Decisions

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