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  3. accrual accounting states that: select one: a. re

Accrual accounting states that: Select one: a. Revenue should be recognized when cash is...

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Accounting

Accrual accounting states that:
Select one:
a. Revenue should be recognized when cash is received. Expenses should be recognized when they occur
b. Revenue and expenses should be recognized in the period they occur regardless of when cash paid or received
c. Revenue should be recognized when you get paid
d. Expenses should be recognized when you pay for them
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