The major benefit of accrual basis accounting is its simplicity; it greatly reduces the demand on bookkeeping.

Name: The major benefit of accrual basis accounting is its simplicity; it greatly reduces the demand on bookkeeping.
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The major benefit of accrual basis accounting is increased accuracy and matching of revenue and expenses, but it can be more complex than cash basis accounting and may require more bookkeeping.

The Major Benefit of Accrual Basis Accounting Is Its Simplicity;