The Primary Disadvantage of Accrual Accounting Is That

question 60

Multiple Choice

The primary disadvantage of accrual accounting is that

• A) it does not match revenues and expenses in the period in which they are incurred.
• B) it does not appropriately measure accounting profit.
• C) it does not recognize accounts receivable.
• D) it does not adequately show the actual cash flows of the firm.

---

Definitions:

Homosexual Acts

Activities of a sexual nature between individuals of the same sex.

Vietnam Conflict

A prolonged war (1955-1975) between North Vietnam, supported by its communist allies, and South Vietnam, supported by the United States.

Federal Government

The Federal Government is the national government of a federal country, which has specific powers delegated to it by a constitution, distinguishing it from the governmental entities of individual states or provinces.

Crime Control

Measures and policies implemented to prevent, reduce, and manage crime in society.