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What is the meaning of the accrual concept? Multiple Choice Accounting only records transactions that are measurable. Transactions are recorded when realization occurs. Amounts can

What is the meaning of the accrual concept? Multiple Choice Accounting only records transactions that are measurable. Transactions are recorded when realization occurs. Amounts can be aggregated on the face of the financial statements. Transactions are recognized in the period that they occur rather than when the cash is received or paid

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