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Which of the Following Accounts Is Not Used in Cash-Basis

question 151

Multiple Choice

Which of the following accounts is not used in cash-basis accounting?


Definitions:

Cognitions

Mental processes involved in gaining knowledge and comprehension, including thought, judgment, and problem-solving.

Consonant

A basic speech sound produced by obstructing the breath in the vocal tract, also refers to a letter representing such a sound.

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting cognitions (ideas, beliefs, values, emotional reactions).

Inconsistent

Lacking regularity or uniformity in thought, action, or character.

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