Which of the following statements is least correct?

Select one:

1. An accrual basis of accounting would be appropriate for a solicitor with one part-time secretary.

2. An accrual basis of accounting would be appropriate for a person operating a grocery store.

3. A cash basis of accounting would be appropriate for an accountant working on their own.

4. A cash basis of accounting for tax would be appropriate for a person earning salary and wage income.

5. A cash basis of accounting would not be appropriate for a person operating a grocery store