Question: Select all that apply What are some of the reasons that a partnership may choose to use the cash - basis method or the modified

Select all that apply
What are some of the reasons that a partnership may choose to use the cash-basis method or the modified cash-basis method of accounting?
Multiple select question.
These methods provide continuous current cash position information.
These methods provide better measures of income over time.
These methods have simplified record-keeping requirements.
These methods guarantee an unqualified audit opinion.

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