accrual is typically rega ed to be: a) Where cash has transferred hands yet the business...

Transcribed Image Text:

accrual is typically rega ed to be: a) Where cash has transferred hands yet the business activity has not yet occurred b) Where a business activity has occurred yet cash has not yet transferred hands c) Where cash and a transference of goods has occurred in the past and expense is recognized in future years d) Both A and B All of the above accrual is typically rega ed to be: a) Where cash has transferred hands yet the business activity has not yet occurred b) Where a business activity has occurred yet cash has not yet transferred hands c) Where cash and a transference of goods has occurred in the past and expense is recognized in future years d) Both A and B All of the above