Why do think US accounting standards require accrual basis

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Reference no: EM132707120

Problem 1: Given the purpose of financial accounting, why do you think U.S. accounting standards require accrual basis accounting instead of cash basis accounting?

Reference no: EM132707120

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Why do think US accounting standards require accrual basis : Given the purpose of financial accounting, why do you think U.S. accounting standards require accrual basis accounting instead of cash basis accounting?

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