Requirement 3. State why accrual accounting results in an accurate measurement of income Accrual accounting resuits in an accurate measurement of income because it records revenues when earned, regardless of when the cash is recerved and matches the expenses incurred to produce that revenue by recording expenses on the last day of the accounting perio s more complete reports on the last day of the accounting period when cash is received when earned, regardless of when the cash is received, of debits and credits Click to select your answer(s) and then click Check Answer Requirement 3. State why accrual accounting results in an accurate measurement of income Accrual accounting resuits in an accurate measurement of income because it records revenues when earned, regardless of when the cash is received, and matches the expenses incurred to produce that revenue by recording expenses on the last day of the acgounting peniodBecause of tis period Because of this, accrual basis accounting provides more complete reports of debits and credits on the last day of the accounting period Click to select your answer(s) and then click Check Ar when the cash is paid when incurred, regardless of when the cash is paid Check Answer ME cash inflows and outflows debits and credits operating performance and financial position. Re n accurate measurement of income f income because it records revenues when earned, regardless of when the cash is received, and matches the expenses on the last day of the accounting period Because of this, accrual basis accounting provides more complete reports of debits and cred