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Which of the following is incorrectly paired?
Professional Organization Dues
Membership fees paid to belong to an organization related to one's professional field, which may be tax-deductible.
Employer-provided Vehicle
An employer-provided vehicle is a car or other vehicle that a company provides to its employees for their use, often as part of their compensation or benefits package.
Accrual Basis of Accounting
An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when the cash is actually received or paid.
Cash Receipts and Disbursements
An accounting method that tracks the actual cash flow, recording revenues when received and expenses when paid.
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