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    College Accounting
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    Exam 14: Accounting Principles and Reporting Standards
  5. Question
    Recording Land at Its Cost Rather Than Its Appraisal Value
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Recording Land at Its Cost Rather Than Its Appraisal Value

Question 50

Question 50

Multiple Choice

Recording land at its cost rather than its appraisal value illustrates


A) the full disclosure principle.
B) the cost basis principle.
C) the realization principle.
D) the matching principle.

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