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Which of the following describes the accrual method of accounting? a) Revenue is recognized when it is collected from the customer. b) Expenses are deductible

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Which of the following describes the accrual method of accounting? a) Revenue is recognized when it is collected from the customer. b) Expenses are deductible when paid. c) This method allows the owner to pick and choose when to recognize revenue. d) Revenue is recognized when earned, regardless of when the cash is collected

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