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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 14: Accounting Principles and Reporting Standards
  5. Question
    The Concept of Realization Permits a Company to Recognize Income
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The Concept of Realization Permits a Company to Recognize Income

Question 83

Question 83

True/False

The concept of realization permits a company to recognize income whenever there is an increase in the market value of the assets it holds.

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