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Accrual accounting states that: Select one: a . Revenue should be recognized when cash is received. Expenses should be recognized when they occur b .
Accrual accounting states that:
Select one:
a Revenue should be recognized when cash is received. Expenses should be recognized when they occur
b Revenue and expenses should be recognized in the period they occur regardless of when cash paid or received
c Revenue should be recognized when you get paid
d Expenses should be recognized when you pay for them
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