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    College Accounting
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    Exam 14: Accounting Principles and Reporting Standards
  5. Question
    If an Expenditure That Is Expected to Benefit Future Periods
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If an Expenditure That Is Expected to Benefit Future Periods

Question 27

Question 27

True/False

If an expenditure that is expected to benefit future periods is made during one accounting period, the cost should be divided and charged as an expense during each period benefited.

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