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The accrual process mandates that commerical enterprises A. Record economic events rather than financial (cash) events B. Record a sale only once the cash is

  1. The accrual process mandates that commerical enterprises

    A.

    Record economic events rather than financial (cash) events

    B.

    Record a sale only once the cash is received

    C.

    Recognize liabilities only once they are paid

    D.

    Record only events were amounts are certain, such as the life of a depreciable asset

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