XACC 280 Week 3 DQ 2
This document of XACC 280 Week 3 Discussion Question 2 comprises:
What is the difference between the cash basis f accounting and the accrual basis of accounting? Which one would you select for a company that has inventory and why? Does the size of the company make a difference? Explain how. What would be the advantages and disadvantages of using one basis of accounting over the other?