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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
  4. Exam
    Exam 2: Accounting for Accruals and Deferrals
  5. Question
    Companies That Use Accrual Accounting Recognize Revenues and Expenses at the Time
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Companies That Use Accrual Accounting Recognize Revenues and Expenses at the Time

Question 66

Question 66

True/False

Companies that use accrual accounting recognize revenues and expenses at the time that cash is received or paid,respectively.

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