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    Nathan Reports Profits When Cash Is Received and Expenses When
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Nathan Reports Profits When Cash Is Received and Expenses When

Question 54

Question 54

Multiple Choice

Nathan reports profits when cash is received and expenses when they are paid.He is using:


A) a statement of cash flows.
B) accural-basis accounting.
C) cash-basis accounting.
D) liquid assets.

Correct Answer:

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