Accrual accounting refers to the method of measuring profit on the basis of cash flow, rather than when revenues and expenses occur.

Name: Accrual accounting refers to the method of measuring profit on the basis of cash flow, rather than when revenues and expenses occur.
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Accrual accounting refers to the method of measuring profit on the basis of when the revenues and expenses occur, rather than when cash flow is received or paid out.

Accrual Accounting Refers to the Method of Measuring Profit on the Basis