When a taxpayer reports income when received,this is called the ________ method.

Name: When a taxpayer reports income when received,this is called the ________ method.
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The cash receipts and disbursements method involves reporting income when it is actually received, which is different from the accrual basis of accounting where income is reported when it is earned or when the transaction occurs. The deferred and income tax progressive options are not applicable to this question.

When a Taxpayer Reports Income When Received,this Is Called the ________