The correct answer is D. In cash basis accounting, revenue is recognized only when cash is received and expenses are recognized only when cash is paid. Therefore, revenue is not recognized when earned and expenses are not recognized when incurred.
Which of the following words can be used to replace the word ‘unrelenting’ as used in the passage?
The mesquite is a______
What according to the scientists was the origin of the oil?
How did the SPD aim to integrate the old German upper classes into the new system?
Choose the word/group of words which is most similar in meaning to the word/group of words printed in bold as used in the passage.
Scalable
...Who is at the top of the aquatic food web?
The desert plants face the danger of _____ from extreme aridity and extreme altitude
How does the wind keep the desert floras to grow?
Which of the following is likely to co-exist?
According to the passage, which word is the meaning of Disruptive?