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Accounting profits and cash flows are A) Generally the same since accounteng profits reflect when the cash flows are received. B) Generally the same since

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Accounting profits and cash flows are A) Generally the same since accounteng profits reflect when the cash flows are received. B) Generally the same since they reflect current laws and accounting standards. C) Gencrally not the same since accounting rules allow for revenue recognition separate from the receipt of cash flows D) Generally not the same because cash inflows always occur before revenue recognition

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