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    Financial Accounting Tools Study Set 4
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    Exam 4: Accrual Accounting Concepts
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    Which of the Following Items Describe the Two Classifications of Adjusting
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Which of the Following Items Describe the Two Classifications of Adjusting

Question 19

Question 19

Multiple Choice

Which of the following items describe the two classifications of adjusting entries?


A) Postponements and advances.
B) Accruals and advances.
C) Deferrals and postponements.
D) Accruals and deferrals.

Correct Answer:

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