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    Small Business Management
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    Exam 8: Accounting Records and Financial Statements
  5. Question
    A Small Business Owner Should Not Use the Cash Basis
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A Small Business Owner Should Not Use the Cash Basis

Question 45

Question 45

Multiple Choice

A small business owner should not use the cash basis if ______.


A) the business extends credit
B) the business has high debt
C) the business has low sales
D) the business has increasing expenses

Correct Answer:

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