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andrew decides to open a pro golf shop and wants to learn from his CPA why the accrual method of accounting might be preferred over
andrew decides to open a pro golf shop and wants to learn from his CPA why the accrual method of accounting might be preferred over the cash method. One response might be that the accrual method:
a. is relatively straightforward and easy to implement
b. most accurately matches income and expenses
c. is not preferred by business owners who select the cash method for its more meaningful picture of business operations
d. is not generally required for non-tax reporting purposes
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