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    Business
  3. Study Set
    Financial Accounting A User Perspective
  4. Exam
    Exam 2: Business Transaction Analysis and Financial Statement Effects
  5. Question
    The Accounting Basis That Attempts to Measure Performance in the Period
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The Accounting Basis That Attempts to Measure Performance in the Period

Question 25

Question 25

Multiple Choice

The accounting basis that attempts to measure performance in the period in which it occurred is the:


A) Approval basis
B) Cash basis
C) Matching basis
D) Accrual basis

Correct Answer:

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