Which one of the following statements regarding accrued rent expense is not accurate?

	Rent expense must be accrued when cash is paid out in a later period than the one in which rent expense was incurred.
	Accrued rent expense and prepaid rent expense are conceptually similar.
	When accrued rent expense is recorded, a liability of equal amount should also be recorded.
	The goal of accruing rent expense is to ensure that the expense will be recorded in the proper period.