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*Accounting for Managers M3D1* *(at least 300 words please)* Why do accrual-basis financial statements provide more useful information than cash-basis statements? Provide an example of

*Accounting for Managers M3D1*

*(at least 300 words please)*

Why do accrual-basis financial statements provide more useful information than cash-basis statements? Provide an example of a revenue or expense transaction under each methodology.

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