13. Which statement is true about the accrual versus cash basis of accounting? A. Accrual accounting recognizes revenues and expenses only when the transaction that causes them occurs. B. Cash accounting recognizes revenues and expenses only when the transaction that causes them occurs. O C. Accrual accounting recognizes revenues and expenses only when the cash is received or paid. D. Accrual accounting and cash accounting will always result in the same timing recognition of revenues and expenses