erock3268 erock3268
  • 23-08-2018
  • Business
contestada

The type of accounting required by gaap​ is:
a. accrual.
b. hybrid cash.
c. cash.
d. modified cash.

Respuesta :

PGM1 PGM1
  • 23-08-2018

GAAP requires you to use accrual based accounting (where revenue is earned and expenses are incurred) and not cash based.


So, The type needed is choice A.

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