Which of the Following Is Not an Application of Accrual

question 122

Multiple Choice

Which of the following is not an application of accrual accounting?

• A)Recognizing revenues when earned and expenses when incurred.
• B)Applying the matching rule.
• C)Adjusting the accounts.
• D)Recording on the basis of actual receipt and payment of cash.

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Definitions:

Custom-made Invitations

Invitations that are specifically designed and produced to meet the unique preferences and specifications of the requester for a particular event.

Wooden Swan

A decorative or artistic object, often carved from wood, designed to resemble a swan.

Over-the-top Celebration

An event or party marked by extravagant or excessive displays beyond what is usual or expected.

Hispanic Girl

A girl or young woman who identifies with or is descended from Spanish-speaking populations, particularly those from Latin America or Spain.