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Which statement is correct? 0 Asiong as a company consistently uses the cash basis of accounting, genera y accepted accounting principles allow its use. O

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Which statement is correct? 0 Asiong as a company consistently uses the cash basis of accounting, genera y accepted accounting principles allow its use. O The use of the cash basis of accounting violates both the revenue recojaition and expense recognition principles. O The cash basis of accounting is objective because no one can be certain of the amount of revenue until the cash is received. O As long as management is ethical, there are no problems with using the cash basis of accounting

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