_____ Which statement is correct concerning the modified accrual basis of accounting?
A) Revenues are recognized when earned.
B) Revenues are recognized when they become available.
C) Revenues are recognized when they become susceptible to accrual.
D) Revenues are recognized when they become measurable.
E) None of the above.

Question

_____	Which statement is correct concerning the modified accrual basis of accounting?
A) Revenues are recognized when earned.
B) Revenues are recognized when they become available.
C) Revenues are recognized when they become susceptible to accrual.
D) Revenues are recognized when they become measurable.
E) None of the above.

Quizplus · Accepted Answer

The Answer of _____	Which statement is correct concerning the modified accrual basis of accounting?
A) Revenues are recognized when earned.
B) Revenues are recognized when they become available.
C) Revenues are recognized when they become susceptible to accrual.
D) Revenues are recognized when they become measurable.
E) None of the above.

_____ Which Statement Is Correct Concerning the Modified Accrual Basis of Accounting