According to the text, __________ does not prefer __________-basis accounting since it is inferior at forecasting future performance.
A) GAAP, cash
B) GAAP, accrual
C) tax accounting, cash
D) tax accounting, accrual
Let's find answer to your question.
According to the text, __________ does not prefer __________-basis accounting since it is inferior at forecasting future performance.
A) GAAP, cash
B) GAAP, accrual
C) tax accounting, cash
D) tax accounting, accrual