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a. Describe and discuss the matching concept and its importance to income reporting. b. Give specific examples of how the matching concept is used in

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a. Describe and discuss the matching concept and its importance to income reporting. b. Give specific examples of how the matching concept is used in practice. c. Describe and discuss the balance sheet approach and its importance to income reporting. d. Give specific examples of how balance sheet measurements affect the measurement and reporting of earnings

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