Which of the following statements is true of accrual

Which of the following statements is true of accrual basis
accounting? A) Accrual basis accounting is allowed by
Generally Accepted Accounting Principles (GAAP). B)
Accrual basis accounting records expenses only when cash
has been paid for them. C) Accrual basis accounting records
revenue only when cash is received. D) It always results in
greater net income than cash basis accounting. 5) Which of
the following would result in an increase in income under the
accrual method of accounting, but would not result in an

Purchase of supplies for cash B) Performance of services on
account C) Use of supplies purchased earlier D) Receipt of
cash for services that were performed earlier on account 6)