For each of the following sentences ,select the word or group of words that best completes the statement.
$$\begin{array} { l l l }
\text { Matching } & \text { Cash basis } & \text { Measurement } \
\text { Deferred revenue } & \text { Adjustments } & \text { Deferred expense } \
\text { Accrual basis } & \text { Recognition } & \text { Accrued asset }
\end{array}$$
-The basis of accounting that fails to take into consideration amounts earned that are not collected and expenses incurred but are not paid is the _________________________.

Question

For each of the following sentences ,select the word or group of words that best completes the statement.
$$\begin{array} { l l l } 
\text { Matching } & \text { Cash basis } & \text { Measurement } \
\text { Deferred revenue } & \text { Adjustments } & \text { Deferred expense } \
\text { Accrual basis } & \text { Recognition } & \text { Accrued asset }
\end{array}$$
-The basis of accounting that fails to take into consideration amounts earned that are not collected and expenses incurred but are not paid is the _________________________.

Quizplus · Accepted Answer

The Answer of For each of the following sentences ,select the word or group of words that best completes the statement.
$$\begin{array} { l l l } 
\text { Matching } & \text { Cash basis } & \text { Measurement } \
\text { Deferred revenue } & \text { Adjustments } & \text { Deferred expense } \
\text { Accrual basis } & \text { Recognition } & \text { Accrued asset }
\end{array}$$
-The basis of accounting that fails to take into consideration amounts earned that are not collected and expenses incurred but are not paid is the _________________________.

For Each of the Following Sentences ,Select the Word or Group