Question: answer 13? An accrued revenue involves situations in which: the cash receipt from a customer is prior to (or in advance of) the good or

answer 13?

An accrued revenue involves situations in which: the cash receipt from a customer is prior to (or in advance of) the good or service to be provided. revenue is recognized in a period prior to the cash receipt. revenue is recognized at the same time the cash is collected from the customer. cash is collected from the customer prior to the revenue being recognized

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