At Fran's Floral, Fran Records Transactions When Cash Is Actually

question 7

Multiple Choice

At Fran's Floral, Fran records transactions when cash is actually received and when expenses are actually paid. This is referred to as the ______ method of accounting.

• A) accrual-basis
• B) cash-basis
• C) liquidity-basis
• D) profit-basis

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Definitions:

MRSA-Positive Wound

A wound infected with Methicillin-resistant Staphylococcus aureus, a type of bacteria resistant to many antibiotics, making it difficult to treat.

Medical Waste Disposal

The process of handling, treating, and disposing of waste generated by healthcare activities in a manner that minimizes its harmful impact on humans and the environment.

Gauze Dressings

A common medical supply made of cotton or synthetic fibers used to protect wounds, absorb fluids, and prevent infection.

Sharps Disposal

The practice of safely disposing of needles, blades, and other medical instruments that can puncture or cut skin, to prevent injury and disease transmission.