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The _____ Matches Revenues with the Costs Associated with Earning

Question 126

Multiple Choice

The _____ matches revenues with the costs associated with earning those revenues and is not sensitive to the timing of expenditures.


A) tax basis of accounting
B) modified accrual basis of accounting
C) cash basis of accounting
D) accrual basis of accounting
E) present value basis of accounting

Correct Answer:

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