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    Financial Accounting Study Set 17
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    Exam 3: The Accounting Cycle: End of the Period
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    Adjusting Entries Are Primarily Needed For
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Adjusting Entries Are Primarily Needed For

Question 154

Question 154

Multiple Choice

Adjusting entries are primarily needed for:


A) Cash-basis accounting.
B) Accrual-basis accounting.
C) Current value accounting.
D) Manual accounting systems.

Correct Answer:

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