Which of the Following Are Differences in the Accrual Method

Multiple Choice

Which of the following are differences in the accrual method and cash-basis method of accounting?

A) Accrual accounting is required by generally accepted accounting principles.
B) Accrual accounting records expenses when incurred. Cash-basis accounting records expenses when cash is paid.
C) Accrual accounting records revenue when services are rendered. Cash-basis accounting records revenue when cash is received.
D) All of the above are true.