Question
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
- 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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