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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
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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 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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