fill in the blank question\noccur when the cash flow occurs after either the expense is incurred or the…

fill in the blank question\noccur when the cash flow occurs after either the expense is incurred or the revenue is earned. (enter only one word.)\nneed help? review these concept resources.\nread about the concept

fill in the blank question\noccur when the cash flow occurs after either the expense is incurred or the revenue is earned. (enter only one word.)\nneed help? review these concept resources.\nread about the concept

Answer

Brief Explanations:

In accounting, when cash - flow occurs after expense incurrence or revenue earning, it is related to the concept of deferrals. Deferrals involve postponing the recognition of an expense or revenue until a later period when the cash transaction takes place.

Answer:

Deferrals