Difference between accrual and cash accounting

Assignment Help Basic Statistics

Reference no: EM13766694

Write a 400 to 500-word response answering the following question:

What are some reasons you might consider data or information to lack validity, credibility, or reliability? Explain your answer by using examples.

Write a 200- to 300-word paragraph answering the following questions:

What is the difference between accrual and cash accounting?
When might an accountant use cash basis accounting without violating generally accepted accounting principles?

Reference no: EM13766694

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