Question: Question 2 (Word limit 200, 20% deduction for over limit) The receipt of cash from customers always happens at the same time with the recognition

 Question 2 (Word limit 200, 20% deduction for over limit) The

Question 2 (Word limit 200, 20% deduction for over limit) The receipt of cash from customers always happens at the same time with the recognition of revenue and the payment of cash always happens at the same time with recognition of expense. Do you agree with the above statement? Support your answer with the revenue recognition principle and the matching principle

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