Question: Indicate by choosing the correct option whether the following statement is true or false: Accrued income which relates to the current financial period, but which

Indicate by choosing the correct option whether the following statement is true or false:

Accrued income which relates to the current financial period, but which has not yet been received at the end of the current financial period will be added to the amount already received for the year to determine the amount that needs to be posted to the profit or loss account.

True

False

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