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Sentences with hybrid basis

hy·brid ba·sis
H h
  • When a business registers for Goods and Services Tax, it has to choose whether to account for the tax on a cash, accrual, or hybrid basis.Identifiable net assets of the subsidiary would be valued on a hybrid basis, rather than at full current fair values.A hybrid basis is a system of accounting that combines some of the features of cost basis with some of the features of accrual basis.
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