Accountants Prefer to Calculate Profitability Using The________ Basis Rather Than

question 39

Multiple Choice

Accountants prefer to calculate profitability using the________ basis rather than the____________ basis:

• A) adjusted; unadjusted.
• B) permanent ; temporary.
• C) accrual; cash.
• D) current; non-current.

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Definitions:

Confidentiality

The ethical and often legal duty to keep information shared within a professional relationship private and protected from unauthorized disclosure.

Secondary Sources

Information that interprets or analyzes primary sources, often used in research to provide context or additional perspectives.

Primary Sources

Original materials or evidence directly related to a topic, used in research to provide firsthand accounts that haven't been interpreted or edited by others.

Confidentiality

The ethical or legal duty to keep certain information shared within a professional relationship private.