A friend observes that in the long run, accrual and cash flow measurements equal out to the

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A friend observes that “in the long run, accrual and cash flow measurements equal out to the same amount. It’s only in the short run that they differ.” Do you agree or disagree? Explain.

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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