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    Financial Accounting Study Set 1
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    Exam 9: Long-Lived Tangible and Intangible Assets
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    Matching Part of the Cost of a Long-Lived Asset with the Revenues
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Matching Part of the Cost of a Long-Lived Asset with the Revenues

Question 142

Question 142

Multiple Choice

Matching part of the cost of a long-lived asset with the revenues generated by the asset is:


A) a basket purchase.
B) not required by GAAP.
C) not required by IFRS.
D) depreciation.

Correct Answer:

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