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What are accrued expenses? Select one: a. advanced payment of cost incurred in the business. b. recorded expenses that have been incurred, but not paid.

What are accrued expenses?

Select one:

a. advanced payment of cost incurred in the business.

b. recorded expenses that have been incurred, but not paid.

c. unrecorded expenses that have incurred, but not paid or yet recognized.

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