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Accounting statements contains information that needs to be adjusted to get the actual cash flows because _____. A. all expenses are deferred until after the

Accounting statements contains information that needs to be adjusted to get the actual cash flows because _____.

A.

all expenses are deferred until after the revenue is recognized

B.

none of these statements are correct.

C.

the market value is always higher than the book value recorded in the accounting statements

D.

some revenue will be recorded as income before the company actually receives cash

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