Multiple Choice
The Great Escape Company has just purchased a supply of 80 000 litres of diesel fuel for its buses. The diesel fuel is an expense to the company in the accounting period in which the fuel is:
A) ordered from the supplier.
B) received from the supplier.
C) paid for to the supplier.
D) consumed in the running of the buses.
Correct Answer:
Verified
Correct Answer:
Verified
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