Which of the following must use the accrual method of accounting?
A) All of the above must use the accrual method.
B) None of the above must use the accrual method.
C) Only I and II must use the accrual method.
D) Only I and III must use the accrual method.
E) Only III must use the accrual method.

Question

Which of the following must use the accrual method of accounting? 
A) All of the above must use the accrual method. 
B) None of the above must use the accrual method. 
C) Only I and II must use the accrual method. 
D) Only I and III must use the accrual method. 
E) Only III must use the accrual method.

Quizplus · Accepted Answer

The Answer of Which of the following must use the accrual method of accounting? 
A) All of the above must use the accrual method. 
B) None of the above must use the accrual method. 
C) Only I and II must use the accrual method. 
D) Only I and III must use the accrual method. 
E) Only III must use the accrual method.

Which of the Following Must Use the Accrual Method of Accounting