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14. Which statement is always true about the accrual versus cash basis of accounting? A. Revenues are recognized when earned and expenses are recognized when

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14. Which statement is always true about the accrual versus cash basis of accounting? A. Revenues are recognized when earned and expenses are recognized when paid under the cash basis of accounting. B. Revenues are recognized when earned and expenses are recognized when incurred under the accrual basis of accounting. C. Revenues are recognized when received and expenses are recognized when paid under the accrual basis of accounting. D. Revenues are recognized when received and expenses are recognized when incurred under the cash basis of accounting

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