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Accrual Accounting Records Transactions ONLY When Cash Is Received or Paid

question 133

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Accrual accounting records transactions ONLY when cash is received or paid.


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Automatically

Refers to the capability of a system or process to operate or carry out functions without human intervention.

Forms

Structured documents with blank fields that users can fill in with data, often used for applications, orders, or surveys.

Intelligent Agent

A software program that assists you, or acts on your behalf, in performing repetitive, computer-related tasks.

Observes

The act of watching, monitoring, or noting something with attention, often for a specific purpose or to gather information.

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