Question 18 in determining the timing of the recognition of deductions under the accrual method of accounting, which of the following statements is correct? For all types of flabilities, the economic performance test criteria are the same. Deductions can be recognized as soon as the all events test has been satisfied. There are no additional criteria which must be satisfied to recognize a deduction B In order to recognize a deduction, both the all events test and the economic performance test must be satisfied oc Businesses are not required to document that the amount of the liability can be determined with reasonable accuracy. D