Under Cash Basis Accounting,revenue Is Recorded When It Is Earned,regardless

question 125

True/False

Under cash basis accounting,revenue is recorded when it is earned,regardless of when cash is received.

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Definitions:

Hepat/o

A prefix in medical terminology that relates to the liver.

Neur/o

A prefix used in medical terminology to refer to nerves or the nervous system.

Combining Form

A prefix or suffix added to a word root to change its meaning or create a new word, commonly used in medical terminology.

Xer/o

A prefix in medical terminology denoting dryness.