Which of the following statements about the accrual basis of accounting is false? A Revenue is recognized in the period in which the performance obligation is satisfied B. The accrual basis of accounting is in accordance with generally accepted accounting principles Revenue is recorded only when cash is received, and expenses are recorded only when cash is paid D. Events that change a company's financial statements are recorded in the periods in which the events occur. Which of the following statements about the accrual basis of accounting is false? A Revenue is recognized in the period in which the performance obligation is satisfied B. The accrual basis of accounting is in accordance with generally accepted accounting principles Revenue is recorded only when cash is received, and expenses are recorded only when cash is paid D. Events that change a company's financial statements are recorded in the periods in which the events occur