The accrual basis of accounting... O A. Requires that revenues are recorded when cash is received, and expenses are recorded when cash is paid. B. Requires that revenues are recorded when earned and expenses are recorded when cash is paid. C. Requires that revenues are recorded when earned and expenses are recorded when the costs contribute to the revenue generating process, regardless of cash inflow or outflow O D. Is the same as the cash basis of accounting - they are both acceptable under US GAAP