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