_____ 4.An accrual-basis taxpayer recognizes an expense when the cash is paid even if the service for which the money is paid has not been rendered.

Name: _____ 4.An accrual-basis taxpayer recognizes an expense when the cash is paid even if the service for which the money is paid has not been rendered.
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An accrual-basis taxpayer recognizes an expense when the service for which the money is paid has been rendered, regardless of when the cash is paid.

_____ 4An Accrual-Basis Taxpayer Recognizes an Expense When the Cash Is