Accounting MCQs FPSC Past Papers Pakistan Military Accounts Department (PMAD) Senior Auditor (SA) The accounting system, in which accounting entries are made on the basis of amount having become due for payment or receipt is known as: August 28, 2021 Admin No Comments A: Cash system of accounting B: Accrual system of accounting C: Current accounting period D: None of the given options Correct Answer: b View More Details >>