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Worldatwork Exam T7 Topic 2 Question 111 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 111
Topic #: 2
[All T7 Questions]

What are the two guiding principles of accrual accounting?

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Suggested Answer: B

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Shawna
7 days ago
Option B seems like the way to go. Revenue recognition and matching are the cornerstones of accrual accounting.
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