Other bases of accounting (special purpose frameworks)include all of the following except:
A)tax basis.
B)non-GAAP methods used for internal reporting.
C)cash basis.
D)regulatory basis.

Question

Quizplus · Accepted Answer

All of the other options listed (tax basis, cash basis, and regulatory basis) are examples of special purpose frameworks that may be used in certain circumstances. Non-GAAP methods for internal reporting are not typically considered a formal basis of accounting, but rather a management tool for monitoring and analyzing financial performance.

Other Bases of Accounting (Special Purpose Frameworks)include All of the Following