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    Exam 8: Accounting: Decision Making by the Numbers
  5. Question
    According to the _____ Method of Accounting, Revenues Are Recognized
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According to the _____ Method of Accounting, Revenues Are Recognized

Question 20

Question 20

Multiple Choice

According to the _____ method of accounting, revenues are recognized when they are earned, and payment is reasonably assured.


A) accrual­basis
B) actuarial
C) managerial
D) last in, first out

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