please answer both questions

d. understate liabilities. 11. Which of the following statements regarding accrual versus cash-basis accounting is TRUE? a. The FASB believes that cash-basis accounting is appropriate for some smaller companies, especially those in the service industry b. Cash-basis accounting is sometimes used by small, unincorporated businesses. c Application of cash-basis accounting results in an income statement reporting revenues and expenses. d. Cash-basis accounting requires a complete set of double-entry records. 12. The use of computers in processing accounting data a. places responsibility on the information systems designer. b. eliminates the double-entry system as a basis for analyzing transactions. c. eliminates the need for financial reporting standards such as those promulgated by the FASB. d. always increases document trails used to verify accounting records