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Which of the following is not correct with respect to the difference between accrual accounting and cash flow reporting? Multiple Choice Accrual accounting uses subjective

Which of the following is not correct with respect to the difference between accrual accounting and cash flow reporting?

  • Multiple Choice
  • Accrual accounting uses subjective judgment which can introduce uncertainty into reported earnings.
  • Cash flow reporting uses subjective judgment which can introduce errors and uncertainty.
  • Accrual income can be manipulated by postponing discretionary expenses.
  • Accrual accounting uses subjective judgment which can introduce measurement errors.

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