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    Exam 7: Accounting: Decision Making by the Numbers
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    Which of the Following Describes the Method of Accounting Where
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Which of the Following Describes the Method of Accounting Where

Question 120

Question 120

Multiple Choice

Which of the following describes the method of accounting where revenues are recognized when they are earned and payment is reasonably assured?


A) actuarial
B) managerial
C) accrual
D) LIFO

Correct Answer:

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