Debt service expenditures on general long-term debt principal should be recognized in the period that the liability:

A. accrues, if paid.
B. accrues, whether or not paid.
C. is legally due, if paid.
D. is legally due, whether or not paid.

D

Business

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Accrued liabilities:

A) Are generally paid in services rather than cash. B) Result from payment before services are received. C) Result from services received before payment is made. D) Are deferred charges to expense.

Business

The session layer is responsible for establishing, maintaining, and terminating communications running between processes or applications across the network

Indicate whether the statement is true or false

Business