Expenses
» Expenses, Volume 6, Issue 4, 2006
3. Does your business use the cash method of accounting, also known as the cash basis, the accrual method of accounting, also known as the accrual basis, a hybrid of the two, or are you not really sure?
| Response | ||||
|---|---|---|---|---|
| 1 | Cash method | 41 | ||
| 2 | Accrual method | 19 | ||
| 3 | Hybrid | 12 | ||
| 4 | Not really sure | 28 | ||
| 5 | DK/Refuse | 1 | ||
| Total (%) | 101 | |||
| N | 751 | |||
Notes: Forty-one (41) percent of small employers identify the cash method of accounting as the one used in their business (Q#3).
