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DQ 1) Nonprofit organizations are required to produce financial statements based on the accrual method of accounting

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DQ 1) Nonprofit organizations are required to produce financial statements based on the accrual method of accounting. How is this different from the cash basis of accounting? Why is accrual accounting important?DQ 2: Post your response to the following questions: From the reasons listed in the text, which are the most important to a human services agency?