Accruals are spontaneous,but,unfortunately,due to law and economic forces,firms have little control over the level of these accounts.

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Evelyn Chudrial · Accepted Answer

Final Answer : True, Explanation :  Accruals are a result of accounting rules and economic transactions, such as revenue earned but not yet received or expenses incurred but not yet paid. Firms can't control the occurrence of these transactions, and therefore have limited control over the level of their accruals.

Accruals are spontaneous,but,unfortunately,due to law and economic forces,firms have little control over the level of these accounts.

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