The Intermingling of Performance of One Period with That of Preceding

question 121

Multiple Choice

The intermingling of performance of one period with that of preceding or succeeding periods is characteristic of which basis of accounting?
$\text { Cash basis}\quad\quad \text {Accrual basis }$

• A)\(\text { Yes } \quad \text { Yes }\)
• B)\(\text { Yes\quad\quad No }\)
• C)\(\text { No } \quad \text { Yes }\)
• D)\(\text { No\quad\quad No }\)

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