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In the year of the sale. Stanley company reduces the value of accounts receivable by recognizing an estimate of the amount of receivables it does
- In the year of the sale. Stanley company reduces the value of accounts receivable by recognizing an estimate of the amount of receivables it does not expect to collect. This is an application of which accounting principle or assumption?
A Period of time
B Historical cost
C Revenue recognition
D Expense recognition
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Guidelines For Auditing Process Safety Management Systems
Authors: CCPS (Center For Chemical Process Safety)
2nd Edition
0470282355, 978-0470282359
