A disadvantage to using the accrual method of accounting,as compared to the cash method,is that under the accrual method the income may be recognized before it is actually collected.

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This statement is true. Under the accrual method of accounting, revenue is recognized when earned, regardless of whether payment has been received or not. This can result in recognizing income before it has been collected or received. In contrast, the cash method of accounting only recognizes income when payment is received or cash is actually received.

A Disadvantage to Using the Accrual Method of Accounting,as Compared