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Mrs. Devlin, the president of ABC Industries, has purchased an automobile for her son using the company's money. The company's accountant records the expenditure as

Mrs. Devlin, the president of ABC Industries, has purchased an automobile for her son using the company's money. The company's accountant records the expenditure as a salary expense. Which accounting assumptions and/or principles have been violated? a. Consistency b. Matching, conservatism c. Disclosure, matching d. Reporting entity

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