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1. Costs with future benefits are considered assets. liabilities. net income. expenses. 2. If an asset is consumed, used up, or has no future benefit,
1. Costs with future benefits are considered assets. liabilities. net income. expenses. 2. If an asset is consumed, used up, or has no future benefit, it remains an asset and continues to be rep...
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
