Which of the Following Is Not a Characteristic of the Accrual

question 32

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 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

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Definitions:

Non-verbal Messages

are forms of communication without the use of spoken language, such as facial expressions, body language, and gestures.

Mixed Messages

Communications or signals that contain conflicting or contradictory information, often leading to confusion or misunderstanding.

Active Listening

The process of taking action to help someone say exactly what he or she really means or wants to communicate.

Paraphrasing

The act of rewording or restating text or speech using different words, often to achieve clearer understanding.