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  3. Study Set
    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
  5. Question
    Accrual Accounting Recognizes Revenues and Expenses When Cash Changes Hands
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Accrual Accounting Recognizes Revenues and Expenses When Cash Changes Hands

Question 33

Question 33

True/False

Accrual accounting recognizes revenues and expenses when cash changes hands.

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