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Question # 31

Under accrual accounting, expenses are recognized when:

Options:

A.

Cash is paid

B.

They are matched with related revenues

C.

Liabilities are recorded

D.

Assets are acquired

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CMA Part 1 Overview

Name Certified Management Accountant Part 1
Code CMA Part 1
Vendor Business
Certification Institute of Management Accountants (IMA)

CMA Part 1 Questions