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Which of the following statements is correct? A . Revenues are reported on the income statement regardless of whether the customer has paid for the

Which of the following statements is correct?
A. Revenues are reported on the income statement regardless of whether the customer
has paid for the goods or services.
B. Expenses are reported on the income statement during the period that they are paid
for.
C. Net income includes a deduction for dividend payments made to stockholders.
D. Net income normally equals the net cash generated by operations.
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