What Is the Purpose of the Accrual Basis of Accounting

Multiple Choice

What is the purpose of the accrual basis of accounting?

A) Recognize revenue when it is collected from customers.
B) Match assets with liabilities during the proper accounting period.
C) Recognize expenses when cash disbursements are made.
D) Recognizing revenue when it is earned and expenses when they are incurred,regardless of when cash changes hands.