Corporation A uses the cash method to account for all revenue and expense transactions. N . A) Is this correct? Why or why not? If yes, what is the accounting treatment to treat this specific type of practice? B) Name 5 financial reporting implication differences resulting from the use of the cash method versus the accrual basis of accounting? Be very, very specific with your answer. Corporation A uses the cash method to account for all revenue and expense transactions. N . A) Is this correct? Why or why not? If yes, what is the accounting treatment to treat this specific type of practice? B) Name 5 financial reporting implication differences resulting from the use of the cash method versus the accrual basis of accounting? Be very, very specific with your