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Entries into the budget should be based upon: A) the accrual basis of accounting. B) the cash basis of accounting. C) either the accrual basis

Entries into the budget should be based upon:

A) the accrual basis of accounting.

B) the cash basis of accounting.

C) either the accrual basis or the cash basis, as long as you are consistent.

D) neither the accrual nor the cash basis of accounting.

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