Question: Accrual accounting recognizes _ _ _ _ _ _ _ _ _ . Revenues when cash is received and matches expenses to revenues recognized Revenues

Accrual accounting recognizes _________.
Revenues when cash is received and matches expenses to revenues recognized
Revenues when the earning process is complete and expenses when cash is paid
Cash inflows as revenues and cash outflows as expenses
Revenues when the earnings process is complete and matches expenses to revenues recognized

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