Difference between cash and accrual accounting

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Finance in Business Organizations Assignment

Based on the content covered in Week 1 and 2, Chapters 1 through 4, students are to conduct an in-depth understanding of finance, business structures, governance, economics, and accounting processing. Students should address the following:

Question 1. Brief summary of what finance can do for business organizations.

Question 2. Describe challenges that finance managers will face due to economic issues. Provide examples from a microeconomic and macroeconomic stance.

Question 3. Finally, describe the difference between cash and accrual accounting. Provide examples of how a company will recognize sales and expenses between the two types and its impact on cash-flow.

Write your response in a 3 to 4 page paper in APA format using at least two credible sources to support your responses.

Reference no: EM133238820

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