Under the accrual$$ method, recurring liabilities may be deducted currently and paid in the next period if all of the following are present except for

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Part $1$

A$.$

the expense is material.

B$.$

the

allminus$$events

test is met.

C$.$

economic performance occurs within the shorter of $81/2$ months after the close of the year or a reasonable period after the close of the year.

D$.$

the expense is recurring.