Write a 400 to 500-word response answering the following question:
- What are some reasons you might consider data or information to lack validity, credibility, or reliability? Explain your answer by using examples.
Write a 200- to 300-word paragraph answering the following questions:
- What is the difference between accrual and cash accounting?
- When might an accountant use cash basis accounting without violating generally accepted accounting principles?
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