Which of the Following Is Not a Characteristic of Accrual

Multiple Choice

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

A) Revenues and expenses are reported in the period in which cash is received or paid
B) Revenues are reported on the income statement in the period in which they are earned
C) Accrual basis of accounting supports the matching concept
D) Expenses are reported in the same period as the revenues to which they relate