Other accrued expenses are normally considered to be associated with the acquisition and payment cycle.

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Other accrued expenses, such as salaries, rent, and utilities, are typically recognized and recorded as part of the acquisition and payment cycle. This cycle involves the process of acquiring goods and services from vendors and paying for them in a timely and accurate manner. Accrued expenses are recorded when the expense is incurred but not yet paid.

Other Accrued Expenses Are Normally Considered to Be Associated with the Acquisition