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What are the two key methods of accounting?

 

1. AICPA basis

2. Accrual basis

3.  Enron basis

4.  Cash basis

5. B and D

6. A and B

 

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Question added by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union
Date Posted: 2015/07/14
SWAPNIL SHELKE
by SWAPNIL SHELKE , Associate Consultant - SAP FI and treasury , Wipro Bahrain WLL

Two method of Accounting is Cash Basis and Accrual Basis i.e. option5

Vipin Bhaskar
by Vipin Bhaskar , Associate Director - F&A Controlling for Regions / Supplier Ecosystem Services , EY

Two Key methods of Accounting are Accrual Basis & Cash basis

Mark Angelo Damuag
by Mark Angelo Damuag , Financial Analyst , Evacare Management Consultancy Inc

Answer is 5. B and D.....................................

Esmael Dimaampao
by Esmael Dimaampao , DOCUMENT CONTROLLER , AL-AHMARI GROUP

2. Accrual Accountung Method and4. Cash Basis Accounting Method

Shaikh Muhammad  Yousuf
by Shaikh Muhammad Yousuf , Manager Accounts , Al Wahdania Group of Companies

5. B and D Accrual basis and Cash basis

mehfooz alam khan habib khan
by mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Two methods of accounting are cash basis accounting and accrual basis accounting. Answer is option5 B nd D

Yasir  Raza
by Yasir Raza , accountant/ Assistant Finance Manager , Arabian Trading & Services co. (A.T.S)

accrual method & cash method

Imran Ahmed Mirza
by Imran Ahmed Mirza , Accounts Supervisor , Value Added Services Corp. client at Jang Group of Newspapers

There are two methods of accounting1. Accrual basis2. Cash basis accounting.

Deleted user
by Deleted user

5. B and D thus Accrual and Cash basis 

Ahmed Abdi Mahad
by Ahmed Abdi Mahad , Director of Internal Auditing Directorate , Jigjiga University

choice #5, B and D is the right answer for this question. Thanks

Phool Chandra  Kesharwani
by Phool Chandra Kesharwani , Finance Manager , United Textiles Fze

Accrual  Basis and Cash Basis are the2 key method of accounting . 

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