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Select all that apply Which of the following statements describe why accrual accounting better reflects a business's performance? (Check all that apply) Revenues are recorded
Select all that apply Which of the following statements describe why accrual accounting better reflects a business's performance? (Check all that apply) Revenues are recorded in the period in which they are earned. Expenses are recognized in the period in which they are incurred. It provides a better focus and understanding of how cash is spent and why it is received Comparability of financial statements is improved
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