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    Financial and Managerial Accounting Study Set 8
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    Exam 3: The Accounting Cycle: Capturing Economic Events
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    The Purpose of Accrual Accounting Is to Measure the Amounts
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The Purpose of Accrual Accounting Is to Measure the Amounts

Question 145

Question 145

True/False

The purpose of accrual accounting is to measure the amounts of cash received and paid during the period.

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