Saturday, October 10, 2020

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:


A) Cash-basis.

B) Profit-basis.

C) Accrual-basis.

D) Reporting-basis.


Ch3 answer: C

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