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In real life, there is a timing difference (time lag) between the receipt of the inventory and the receipt of the invoice. For example, when
In real life, there is a timing difference (time lag) between "the receipt of the inventory" and "the receipt of the invoice". For example, when goods are received at the end of the accounting period, and the invoice is not received until after the start of the following period, a problem may arise as to when to record the liability. This is referred to as a(n): A Obligation referral B. Liability deferral c Cutoff issue D. Channel stuffing
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