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Which of the following is a distinguishing characteristic of a deferral? Select one: A . It affects at least one liability account B . It

Which of the following is a distinguishing characteristic of a deferral?
Select one:
A.
It affects at least one liability account
B.
It includes the adjustment of an amount previously recorded in a balance sheet account
C.
It increases a balance sheet account and decreases an income statement account
D.
It always impacts the cash account

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