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9.5 Expense Recognition. Provide three examples of expense recognition justified by (a) a direct relation with revenue (cause and effect) and (b) an indirect relation
9.5 Expense Recognition. Provide three examples of expense recognition justified by (a) a direct relation with revenue (cause and effect) and (b) an indirect relation with revenue (the consumption of an asset or an increase in a liability during a period in which revenue is recognized).
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