QUESTIONS 172 THROUGH 176 REFER TO THE FOLLOWING ARTICLECASH METHOD OF...

174.According to the article, what is an advantageMr. Hamilton’s plane will land at Newarkof using an accrual system of accounting?Liberty Airport on at 5:30 on March 21, and heshould be checking in around 7:00

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.a. It gives a more dynamic picture of abusiness’s success.As we agreed, the rate for his room will be $350b. It is simpler.plus tax per day. He will probably be staying forc. It reduces cash flow discrepancies.three days.d. It allows for more sophisticated financialanalysis.Please have wine and appetizers in his roomwhen he arrives, and please make certain thatour important guest has everything he needs.