Question: What is Accrual basis (accrual method) in Taxation?
Answer: Accrual basis (accrual method) in Taxation is an accounting method whereby income and expense items are included in taxable income or expense as they are earned or incurred, rather than when they are received or paid.
Question:
What is Accrual basis (accrual method) in Taxation? Answer:
Accrual basis (accrual method) in Taxation is an accounting method whereby income and expense items are included in taxable income or expense as they are earned or incurred, rather than when they are received or paid. Source: CoolInterview.com
If you have the better answer, then send it to us. We will display your answer after the approval.
Rules to Post Answers in CoolInterview.com:-
There should not be any Spelling Mistakes.
There should not be any Gramatical Errors.
Answers must not contain any bad words.
Answers should not be the repeat of same answer, already approved.