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Question 1 2 pt Which of the following is true in accrual accounting? Revenue may be included in the GAAP based income statement of the
Question 1 2 pt Which of the following is true in accrual accounting? Revenue may be included in the GAAP based income statement of the fiscal period before or after that in which the related cash is received. Expense may be included in the GAAP based income statement of the fiscal period before or after that in which the related cash is paid. O All of the above None of the above Question 2 2 pts Which of the following financial statements is not for a period of time? Income Statement Balance Sheet Statement of Cash Flows Statement of Stockholders' Equity All of the financial statements are for a period of time
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