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View Full Version : Why do politicians prefer cash basis accounting?


lili0871
Mar 9, 2010, 11:40 AM
Why do politicians prefer cash basis?

morgaine300
Mar 10, 2010, 07:06 PM
Since I've seen this same question twice recently, I have to presume this is homework. You should be showing us some attempt at doing your own work first.

I'm also not aware that politicians do prefer a cash basis. If someone has a reference to this fact I'd love to see it.

The other thread I posted on is here:
https://www.askmehelpdesk.com/finance-accounting/politicians-prefer-cash-over-accrual-basis-method-452401.html