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A business has new shelving constructed at a cost of $4,000. Similar shelves would cost $5,000 if purchased. The cost of the shelves is reported

A business has new shelving constructed at a cost of $4,000. Similar shelves would cost $5,000 if purchased. The cost of the shelves is reported as $4,000. This is an example of what principle? a.objectivity b. historical costs c. conservatism d.matching

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