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  3. Study Set
    Corporate Financial Accounting
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    Exam 3: The Adjusting Process
  5. Question
    The Accounting Concept Upon Which Deferrals and Accruals Are Based
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The Accounting Concept Upon Which Deferrals and Accruals Are Based

Question 126

Question 126

Multiple Choice

The accounting concept upon which deferrals and accruals are based is


A) matching
B) cost
C) price-level adjustment
D) conservatism

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