For Each of the Following Sentences ,Select the Word or Group

question 28

Short Answer

For each of the following sentences ,select the word or group of words that best completes the statement.
$$\begin{array} { l l l } \text { Matching } & \text { Cash basis } & \text { Measurement } \\\text { Deferred revenue } & \text { Adjustments } & \text { Deferred expense } \\\text { Accrual basis } & \text { Recognition } & \text { Accrued asset }\end{array}$$
-The basis of accounting that fails to take into consideration amounts earned that are not collected and expenses incurred but are not paid is the _________________________.

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Definitions:

Actively Listening

The practice of paying full attention to a speaker, understanding their message, and responding thoughtfully.

Communication Network

The structure and means by which information is transmitted and received within an organization or group.

Lines Of Command

Refers to the hierarchical structure within an organization that dictates authority, responsibility, and communication flow.

Formal

Pertaining to or following established, traditional rules or principles, often in relation to events, clothing, or language.