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The Intermingling of Performance of One Period with That of Preceding

Question 105

Multiple Choice

The intermingling of performance of one period with that of preceding or succeeding periods is characteristic of which basis of accounting?
 Cash basisAccrual basis \text { Cash basis}\quad\quad \text {Accrual basis }


A)  Yes  Yes \text { Yes } \quad \text { Yes }
B)  YesNo \text { Yes\quad\quad No }
C)  No  Yes \text { No } \quad \text { Yes }
D)  NoNo \text { No\quad\quad No }

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