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    Financial and Managerial Accounting Study Set 8
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    Exam 9: Plant and Intangible Assets
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    It Is an Acceptable Accounting Practice to Treat an Expenditure
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It Is an Acceptable Accounting Practice to Treat an Expenditure

Question 21

Question 21

True/False

It is an acceptable accounting practice to treat an expenditure that is not material in dollar amount as an expense of the current period even though the expenditure may benefit several periods.

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