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8. (L.O. 5) Which of the following properly describes a deferral? a. Cash is received after… 1 answer below » 8. (L.O. 5) Which of the following properly describes a deferral? a. Cash is received after revenue is earned. b. Cash is received before revenue is earned. c. Cash is paid after expense is incurred. d. Cash is paid in the same time period that an expense is incurred. Nov 16 2015 12:06 PM