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What is a benefit of blockchain technology related to CO 5 O ' s cutoff assertion for financial reporting? It automatically adjusts accruals and prepaid

What is a benefit of blockchain technology related to CO

5

'

s cutoff assertion for financial reporting?

It automatically adjusts accruals and prepaid expenses.

It eliminates the need for cutoff assessments in financial reporting.

It provides a record of transactions with time

-

stamps for assessing recording cutoff dates.

It centralizes control over transaction date recording.

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