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Which of the following is an example of a deferral error? A.) initially recording advance payment of an insurance premium to Prepaid insurance instead of

Which of the following is an example of a deferral error?

A.) initially recording advance payment of an insurance premium to Prepaid insurance instead of Insurance expense. B.) Failure to record interest expense incurred but not yet paid C.) Failure to adjust unearned revenue to its proper balance at year end D.) none of the above

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