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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 3: Accruals and Deferrals: Timing Is Everything in Accounting
  5. Question
    A Deferral Is a Transaction in Which the Exchange of Dollars
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A Deferral Is a Transaction in Which the Exchange of Dollars

Question 148

Question 148

True/False

A deferral is a transaction in which the exchange of dollars comes before the action.

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