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Question 5 1 pts A staff accountant asks you what it means when there is a deferred revenue or expense. What would you tell them?
Question 5 1 pts A staff accountant asks you what it means when there is a deferred revenue or expense. What would you tell them? The amount of revenue or expense will be recorded in the current accounting period. The amount of revenue or expense will be recorded in a future accounting period. The amount of revenue or expense will not be recorded. O The amount of revenue or expense was already recorded in a past accounting period.
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