Author Question: What basis of accounting is used in the Statement of Net Costs prepared by a federal agency? a. ... (Read 31 times)

jazziefee · **on:** Jul 5, 2018

What basis of accounting is used in the Statement of Net Costs prepared by a federal agency?

a. the budgetary basis
b. the accrual basis
c. the cash basis
d. the modified accrual basis

Question 2

E-commerce
a. accounts for less than 1 of all retail sales
b. only relates to transactions between a company and a consumer
c. can improve the speed and efficiency of transactions
d. increases paperwork