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Porite Company recognizes revenue in the period in which it records an asset for the related accounts receivable, rather than in the period in which...

Porite Company recognizes revenue in the period in which it records an asset for the related accounts receivable, rather than in the period in which the accounts receivable is collected in cash. Porite's practice is an example of:
a) cash basis accounting
b) accrual accounting
c) the matching principle
d) economic entity
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Porite Company recognizes revenue in the period in which it records an asset for the related accounts receivable, rather than in the period in which the accounts receivable is collected in cash....

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