Valuing assets at their liquidation value rather than their cost is inconsistent with the: a. time period
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Valuing assets at their liquidation value rather than their cost is inconsistent with the:
a. time period assumption.
b. matching principle.
c. going concern assumption.
d. materiality constraint.
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Related Book For
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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