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  3. an accrued expense occurs when: multiple choice an

An accrued expense occurs when: Multiple Choice An expense is recorded before the payment of...

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Question

Accounting

An accrued expense occurs when:
Multiple Choice
An expense is recorded before the payment of cash.
An expense is recorded at the same time as the cash payment.
Cash is paid but an expense is never recorded.
Cash payment (or an obligation to pay cash) occurs before the cost is used in running the business.
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