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In response to "psilotum, it's GAAP to defer revenue to the period in which it was earned. it's not a big IF, really. any auditor would catch an "error" there. -- nm" by the last semester ever loves mandy lane

well sorta, if you are using accrual basis accounting, sure

if you are using cash basis, then not so much.

but then again, who uses cash basis?


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