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17. When the word accrued is used in connection with a current liability. It means that a. The liability is being contested and may not
17. When the word accrued is used in connection with a current liability. It means that a. The liability is being contested and may not be paid. b. The liability will not become due in the subsequent accounting period. c. An expense has been incurred for which cash has to be paid. d. An expense has been incurred. but is unpaid at the nancial statement date
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