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Which of the following statements is not true about a 3-way match? A 3-way match compares the inventory's physical count with accounting records and the

image text in transcribedimage text in transcribedimage text in transcribed Which of the following statements is not true about a 3-way match? A 3-way match compares the inventory's physical count with accounting records and the value of the inventory. A 3-way match compares what was ordered, received, and billed. A 3-way match is a principle of internal control. A 3-way match cross checks the amounts across three documents. Which of the following sequences best depicts the order in which some of the steps of the accounting cycle are performed? Trial Balance > Adjustments > Adjusted Trial Balance > Transactions. Trial Balance > Adjustments > Adjusted Trial Balance > Financial Statements. Financial Statements > Adjustments > Adjusted Trial Balance. Adjusted Trial Balance > Adjustments > Trial Balance > Financial Statements. Unearned items consist of: Revenue earned but not yet paid. None of the choices is correct. Revenue earned and paid. Revenue a company has not earned

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