The ________ Basis of Accounting Records Revenues ONLY When Cash

question 115

Multiple Choice

The ________ basis of accounting records revenues ONLY when cash is received.

• A)deferral
• B)cash
• C)accrual
• D)hybrid

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Definitions:

Religious Rituals

Ceremonies or practices performed in accordance with the beliefs of a religion.

Superstitious Behavior

Actions performed based on irrational beliefs that certain outcomes can be influenced by specific, unrelated behaviors.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Obsessive-compulsive Disorders

Mental illnesses marked by an individual's engagement in repetitive thoughts and behaviors that are performed to alleviate anxiety or distress.