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  3. accrual accounting is used because: cash flows are

Accrual accounting is used because: cash flows are considered less important. ...

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Accounting

Accrual accounting is used because: cash flows are considered less important.

it provides a better indication of a company's ability to generate cash flows than cash basis.

it recognizes revenues when cash is received and expenses when cash is paid.

None of the answer choices are correct.

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