Question
Which of the following statements is true for cash basis
accounting?Solution
The correct answer is D. In cash basis accounting, revenue is recognized only when cash is received and expenses are recognized only when cash is paid. Therefore, revenue is not recognized when earned and expenses are not recognized when incurred.
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the letter-cluster that is different.
In the following question, select the odd number pair from the given alternatives. (NOTE: Operations should be performed on the whole numbers, without ...
Odd one out
Out of the given words, three are similar in a certain manner. However, one option is NOT like the other three. Select the option which is different fr...
Four number-pairs are given, out of which three are alike in a certain manner and one is different. Choose the different number-pair.
Find the odd number from the given alternatives.
Find the odd number pair from the given alternatives:
Find the one which does not belong to that group?
Find the odd one out
Unscramble the letters in the words given below and identify the odd word out.
