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The primary difference between deferred and accrued expenses is that deferred expenses have a. been incurred and accrued expenses have not b. not been incurred

The primary difference between deferred and accrued expenses is that deferred expenses have

a. been incurred and accrued expenses have not 

b. not been incurred and accrued expenses have been incurred 

c. been recorded and accrued expenses have not been incurred 

d. not been recorded and accrued expenses have been incurred

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