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Costs incurred to make products can be capitalized (inventoried)in asset accounts until the related products are eventually sold. Which of the following accounting concepts or
Costs incurred to make products can be capitalized (inventoried)in asset accounts until the related products are eventually sold. Which of the following accounting concepts or principles justifiesthe use of this deferral accounting procedure?
A-Matching principle
B-Going-concern assumption
C-Historical cost principle
D-Accrual-basis accounting
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