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    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 14: Accounting Principles and Reporting Standards
  5. Question
    The ________ Principle Requires That If Income Is to Be
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The ________ Principle Requires That If Income Is to Be

Question 71

Question 71

Short Answer

The ________ principle requires that if income is to be properly measured, all expired costs associated with the earning of revenue must be deducted from the revenue in the same accounting period.

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