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    Introduction to Management Accounting Study Set 3
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    The Accounting Convention of Permits a Company to Immediately Expense
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The Accounting Convention of Permits a Company to Immediately Expense

Question 9

Question 9

Multiple Choice

The accounting convention of permits a company to immediately expense assets (such as a garbage can) with small values and long useful lives.


A) conservatism
B) materiality
C) objectivity
D) continuity

Correct Answer:

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