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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 8: Reporting and Analyzing Long-Term Assets
  5. Question
    Treating Capital Expenditures of a Small Dollar Amount as Revenue
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Treating Capital Expenditures of a Small Dollar Amount as Revenue

Question 52

Question 52

True/False

Treating capital expenditures of a small dollar amount as revenue expenditures is likely to mislead the users of financial statements.

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