The _____ matches revenues with the costs associated with earning those revenues and is not sensitive to the timing of expenditures.
A)tax basis of accounting
B)modified accrual basis of accounting
C)cash basis of accounting
D)accrual basis of accounting
E)present value basis of accounting

Question

Quizplus · Accepted Answer

The accrual basis of accounting matches revenues with the costs associated with earning those revenues regardless of the timing of cash receipts and payments.

The _____ Matches Revenues with the Costs Associated with Earning