Which of the Following Is Not a Characteristic of the Accrual

Multiple Choice

Which of the following is not a characteristic of the accrual basis of accounting?

A) revenues and expenses are reported in the period in which cash is received or paid
B) revenues are reported when services have been performed or products have been delivered to customers
C) accrual basis of accounting supports the matching concept
D) expenses are reported in the same period as the revenues to which they relate