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  3. Study Set
    Fundamental Accounting Principles Study Set 7
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    Exam 3: Adjusting Accounts for Financial Statements
  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 40

Question 40

Multiple Choice

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


A) IFRS basis.
B) Accrual Basis.
C) Matching Basis.
D) Cash basis.
E) Revenue Recognition Basis.

Correct Answer:

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