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Why Does the Accrual Basis of Accounting Require Adjustments,while the Cash

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Why does the accrual basis of accounting require adjustments,while the cash basis does not?


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Legislatures

The governing bodies responsible for making laws in a state or country.

Statutory Law

Law enacted by a legislative body, distinguished from case law or common law.

Administrative Law

The branch of law that governs the activities and operations of government agencies, including rulemaking, enforcement, and adjudication.

Administrative Procedure Act

A United States federal law that governs the way administrative agencies of the federal government may propose and establish regulations.

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