The Disbursement Basis for Recognizing Resource Outflows Uses Which of the Following

question 22

Multiple Choice

The disbursement basis for recognizing resource outflows uses which of the following bases?

• A)The full accrual basis
• B)The accrual basis only as applied to liabilities
• C)The accrual basis only as applied to expenses
• D)The cash basis

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Definitions:

Forwarded

The act of sending a message or document received from one party to another party.

Routine Request

A standard or common query or application, often part of regular operations or transactions.

Clear Statement

A statement expressed in an unambiguous and straightforward manner, leaving no room for confusion or misunderstanding.

Buffer

A temporary storage area in computing where data is held while it is waiting to be transferred or processed, helping to manage differences in operation speed.