Which of the Following Is Not a Potential Benefit of Accrual

question 79

Multiple Choice

Which of the following is not a potential benefit of accrual accounting, compared to cash-basis accounting?

• A) Timeliness.
• B) Better reflecting economic activity.
• C) Periodicity.
• D) Better matching of revenues and expenses.

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Definitions:

Behavior

The actions or reactions of individuals or groups in response to external or internal stimuli.

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit individuals or groups.

Personal Interests

Individual hobbies, desires, or activities that a person is passionate about or enjoys in their personal time.

Countervailing Power

A concept where power in a market or industry is distributed in such a way that no single entity can dominate decisions or outcomes, effectively balancing the power dynamics.