SRQ Inc., is a medical device company specialized in the production of hearing aids.$$ SRQ reports and records revenue and expenses in their financial statements only after they are received and paid for, respectively.$$ This method of accounting is known as $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.$

Group of answer choices

job order accounting.

managerial accounting.

credit accounting.

cost accounting.

tax accounting.

accrual accounting.

cash accounting.