A) it provides a better indication of ability to generate cash flows than the cash basis.
B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important.
D) All of the above
A) it provides a better indication of ability to generate cash flows than the cash basis.
B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important.
D) All of the above