Many Current Liabilities Are Affected by Accrual Accounting Entries

Multiple Choice

Many current liabilities are affected by accrual accounting entries. This happens because:

A) liabilities are usually paid when they are incurred.
B) accrual accounting involves recognizing liabilities before they are paid.
C) the only way to reduce a liability account balance is with an adjusting entry.
D) accrual accounting frequently involves recognizing liabilities before they are incurred.