Question: An accrued expense occurs when: Multiple Choice An expense is recorded before the payment of cash. An expense is recorded at the same time as

An accrued expense occurs when:
Multiple Choice
An expense is recorded before the payment of cash.
An expense is recorded at the same time as the cash payment.
Cash payment (or an obligation to pay cash) occurs before the cost is used in running the business.
Cash is paid but an expense is never recorded.
An accrued expense occurs when: Multiple Choice An expense is recorded

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