XACC 280 Week 3 DQ 2

Topics: Generally Accepted Accounting Principles, Rights, Accrual Pages: 3 (470 words) Published: October 28, 2014

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?

Business - Accounting
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Do not crack under the stress of selecting or declaring a major right away. Some professors might try and draw you into their department early on, as the more students they have the more job security they have. Never rush major decisions, and do what is right for you, not anyone else.

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?

Business - Accounting
ACC 280 Week 1 I...

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