In your business, you record revenue when money comes in from customers, and record expenses when you pay bills. What basis of accounting are you using?
A) cash
B) income
C) accrual
D) debit
A
Business
You might also like to view...
A global team is most often characterized by which of the following?
A) culturally diverse B) similarly trained C) domestically based D) strategically located
Business
The principle of indemnity says that the insured should profit from insurance
Indicate whether the statement is true or false
Business