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    Introduction to Management Accounting Study Set 1
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    Exam 15: Basic Accounting: Concepts, techniques, and Conventions
  5. Question
    Under Accrual Basis Accounting,we Record Expenses When ________
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Under Accrual Basis Accounting,we Record Expenses When ________

Question 38

Question 38

Multiple Choice

Under accrual basis accounting,we record expenses when ________.


A) a company pays cash to a supplier
B) a company incurs a liability
C) a company uses resources
D) a company pays cash to anyone

Correct Answer:

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