Accounting MCQ Accounting The accounting basis that records revenues when goods or services are provided to customers and expenses with related revenues is referred to as:

The accounting basis that records revenues when goods or services are provided to customers and expenses with related revenues is referred to as:

Naim 00:04 Accounting

The accounting basis that records revenues when goods or services are provided to customers and expenses with related revenues is referred to as:

A) Cash-basis.

B) Profit-basis.

C) Accrual-basis.

D) Reporting-basis.

Ch3 answer: C

Learn More :

If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.

Subscribe to: Post Comments (Atom)