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lesti An accrued expense can best be described as an 0paid and currently mat th earnings (not paid and not matched with earnings paid and not current ith earnings not paid and curr d with earnings Question 15 Aubie Corporation has adopted the policy of charging to expense at the time of purchase all assets having a cost of less than $100, regardless of the life expectancy of the asset. This policy is most closely related to the: O Verifiability principle Historical cost principle Period of time principle Materiality principle