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:

Stage Model

A theoretical model that describes a process through a series of stages or phases, often utilized in psychology, change management, and organizational theory.

Norming

A stage of group development where members establish norms, roles, and more harmonious relationships, enhancing the group's identity and cohesion.

Connie Gersick

A researcher known for her work on group dynamics, especially the concept of punctuated equilibrium in project teams.

Punctuated Equilibrium

A theory suggesting that evolutionary development is marked by isolated episodes of rapid speciation between long periods of little or no change.