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