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Question 61 - CTFA discussion

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It is actually a method of preparing financial statements in which only transactions involving actual cash outlays are recorded.

A.
Cash basis
Answers
A.
Cash basis
B.
Expense
Answers
B.
Expense
C.
Equity
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C.
Equity
D.
Cash deficit
Answers
D.
Cash deficit
Suggested answer: A
asked 16/09/2024
Hassene SAADI
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