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Expensing the cost of a wastebasket with an estimated useful life of 10 years when purchased is an example of the application of the Consistency

  1. Expensing the cost of a wastebasket with an estimated useful life of 10 years when purchased is an example of the application of the
    1. Consistency characteristic
    2. Expense recognition principle
    3. Materiality ingredient
    4. Historical cost principle

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