QUESTIONS 196 THROUGH 200 REFER TO THE FOLLOWING ARTICLEHUMAN RESOURCE...

173.b. The article says, “In a cash method ofmention that the stay will be free or thatMr. Schwartz or Mr. Hamilton will pay foraccounting, income is reported only aspayment is received, while the accrualthe stay.method of accounting records income assoon as the sale is made.” The differencegiven is in when a sale is recorded. Theother answer choices are not listed asdifferences between the two systems.