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Exam Code: C_TS462_1909
Exam Name: SAP Certified Application Associate-SAP S/4HANA Sales 1909
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NEW QUESTION: 1
One true statement about cash-basis accounting is that
A. Most companies use a pure cash-basis accounting system
B. Cash receipt, but not cash disbursement, is an important component of cash-basis accounting
C. Health insurance companies and health plans that fall under the jurisdiction of state insurance commissioners must report some items on a cash basis for statutory reporting purposes
D. Cash-basis accounting records revenue according to the realization principle and expenses according to the matching principle
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