Answers were Sorted based on User's Feedback
Answer / jairaj eluvathingal
1.1 Accrual Method
1.2 Cash Method
1.3 Hybrid Method (not allowed by AS, but you can see these
method in practice in small setups)
|Is This Answer Correct ?||10 Yes||0 No|
Answer / kis
5.United State Federal
|Is This Answer Correct ?||4 Yes||1 No|
Answer / latha ummalaneni
Accrual method and Cash method.
|Is This Answer Correct ?||4 Yes||2 No|
Answer / priya pusp
Correct Answer is by Jairaj Eluvathingal .
|Is This Answer Correct ?||2 Yes||0 No|
Answer / prasad
Accounting Method defined in Oracle of 2 Types
Standard Accruals Method - for Future accounting purposes
which is due in that accounting period for payable.
Standard Cash Method - For accounted in the same period of
expending in nature as per AS.
|Is This Answer Correct ?||0 Yes||0 No|
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