Ask Experts Questions for FREE Help !
Ask
    mstee01's Avatar
    mstee01 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 6, 2010, 08:26 AM
    Why would politicians prefer the cash basis over the accrual basis
    martinizing2's Avatar
    martinizing2 Posts: 1,868, Reputation: 819
    Expert
    		  
    #2

    Sep 6, 2010, 10:44 AM
    Cash is easier to steal.
    Kitkat22's Avatar
    Kitkat22 Posts: 6,302, Reputation: 1191
    Uber Member
    		  
    #3

    Sep 6, 2010, 10:52 AM
    Quote Originally Posted by martinizing2 View Post
    Cash is easier to steal.
    I am rolling on the floor laughing... :D:D:D:D
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #4

    Sep 6, 2010, 04:44 PM

    I've seen this same question before, so I'm going to assume it's a homework question. And we don't answer your homework for you. What have you come up with?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Why do politicians prefer cash basis accounting? [ 1 Answers ]

Why do politicians prefer cash basis?

Politicians prefer cash over accrual basis method [ 1 Answers ]

I have two sources of why politicians prefer cash basisover accrual basis metod for accounting, but they are frompoliticians view points. Are tere any veiwpoints from citizens? I was nable to find. I don't need to know, but curious.

M3-2 Reporting Cash Basis versus Accrual Basis Income: LO1, LO2 [ 3 Answers ]

Mostert Music Company had the following transactions in March: 1. Sold instruments to customers for $10,000; received $6,000 in cash and the rest on account. The cost of the instruments was $7,000. 2. Purchased $4,000 of new instruments inventory; paid $1,000 in cash and owed the rest on...

Reporting cash basis versus accrual basis income [ 1 Answers ]

Please help me. I am an online student and new to accounting. Forllowing transactions in March. Do both cash basis and accrual basis income a) Sold instrument to customers for $10,000; received $6000 in cash and the rest on account. The cost of the instrument was $7000 b)Purchased $4000 of...

View more questions Search