Massachusetts Medical Society: Question 2

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Question 2

August 20, 2018

 

Question:

 

What method recognizes revenue when the revenue is earned, but not necessarily when it is collected?

 

 

 

Answers

Answer:

Cash Basis
 

 

Correct Answer? 

 

Explanation:

 

Answers

Answer:

Modified Cash
 

 

Correct Answer? 

 

Explanation:

 

Answers

Answer:

Accrual Accounting
 

 

Correct Answer? 

 

Explanation:

 

 

Format:

Radio buttons (single select)

 

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