Using accrual accounting, expenses are not recorded until the cash for the expense is disbursed.

Name: Using accrual accounting, expenses are not recorded until the cash for the expense is disbursed.
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Quizplus · Accepted Answer

Accrual accounting records expenses when they are incurred, regardless of when the cash for the expense is disbursed. The recording of expenses is matched with the revenue that they generate, providing a more accurate picture of a company's financial performance.

Using Accrual Accounting, Expenses Are Not Recorded Until the Cash