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An accrued expense occurs when: Select one: A. Cash is paid but an expense is never recorded. B. An expense is recorded at the same
An accrued expense occurs when:
Select one:
A.
Cash is paid but an expense is never recorded.
B.
An expense is recorded at the same time as the cash payment.
C.
Cash payment (or an obligation to pay cash) occurs before the expense recognition.
D.
The expense is recognized before the payment of cash.
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