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Social Studies, 08.10.2019 00:10 Turtlelover05
Which of the following statements about accrual-basis accounting is true? a : accrual-basis accounting recognizes expenses when they are incurred. b : accrual-basis accounting follows the fiscal year assumption. c : accrual-basis accounting recognizes revenues when they are received in cash. d : accrual-basis accounting is optional under generally accepted accounting principles.
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Which of the following statements about accrual-basis accounting is true? a : accrual-basis accoun...
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