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Companies recognize and match expenses against revenues on the basis of three principles: cause and effect, systematic and rational allocation, and immediate consumption. Which of

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Companies recognize and match expenses against revenues on the basis of three principles: cause and effect, systematic and rational allocation, and immediate consumption. Which of the following is an example of cause and effect: Select one: a. Recording depreciation expense over the useful life of a fixed asset. b. Recording cost of goods sold in the period subsequent to the period in which sales are recorded. c. Recording administrative salary expense when incurred. d. Recording sales commissions paid to the sales force in the same income statement as the revenues in which the commissions are based upon

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