Question: Please help me with this question! Thanks! MC Qu. 4-40 One major difference between deferral... One major difference between deferral and accrual adjustments is that

Please help me with this question! Thanks!

MC Qu. 4-40 One major difference between deferral... One major difference between deferral and accrual adjustments is that deferral adjustments: Multiple Choice 0 involve previously recorded assets and liabilities, and accrual adjustments involve previously unrecorded assets and liabilities. 0 are made after financial statements are prepared, and accrual adjustments are made before financial statements are prepared. 0 O are made annually, and accrual adjustments are made monthly 0 are influenced by estimates of future events, and accrual adjustments are not

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