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  3. Study Set
    Intermediate Accounting Study Set 6
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    Exam 5: The Income Statement and the Statement of Cash Flows
  5. Question
    Which of the Following Expenses Is an Example of Expense
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Which of the Following Expenses Is an Example of Expense

Question 51

Question 51

Multiple Choice

Which of the following expenses is an example of expense recognition under the immediate recognition principle?


A) sales commissions
B) depreciation
C) management salaries
D) transportation out

Correct Answer:

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