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Accruals Involve the Recording of an Expense or a Revenue

Question 29

Multiple Choice

Accruals involve the recording of an expense or a revenue account:


A) either before or at the same time the cash is paid or received.
B) after the cash is paid or received.
C) at the same time the cash is paid or received.
D) before the cash is paid or received.

Correct Answer:

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