One True Statement About Cash-Basis Accounting Is That

One true statement about cash-basis accounting is that

A) Cash receipt, but not cash disbursement, is an important component of cash-basis accounting
B) Most companies use a pure cash-basis accounting system
C) Cash-basis accounting records revenue according to the realization principle and expenses according to the matching principle
D) Health insurance companies and health plans that fall under the jurisdiction of state insurance commissioners must report some items on a cash basis for statutory reporting purposes