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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 85
Identify each of the following terms/phrases as either an accounting: (a) principle, (b) assumption, or (c) constraint.
_______ 1. Materiality
_______ 2. Time period
_______ 3. Benefit exceeds cost
_______ 4. Revenue recognition
_______ 1. Materiality
_______ 2. Time period
_______ 3. Benefit exceeds cost
_______ 4. Revenue recognition
Explanation
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Accounting:
Accounting is the process o...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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