The Accrual Basis of Accounting Is Based Primarily on

question 51

Multiple Choice

The accrual basis of accounting is based primarily on

• A) conservatism and revenue realization.
• B) conservatism and matching.
• C) consistency and matching.
• D) revenue realization and matching.

---

Definitions:

Raw Scores

The unadjusted scores individuals receive based on the number of questions answered correctly on an assessment.

Test-retest Reliability

Describes the degree to which the results of the same test administered on two separate occasions to the same individuals remain consistent.

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group of observations falls.

Normal Curve

A bell-shaped curve that represents the distribution of many types of data in which most values cluster around a central mean.