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QUESTION Which principle of accounting is best illustrated by the following scenario? A company purchases a stapler for use by the office manager. The stapler

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QUESTION Which principle of accounting is best illustrated by the following scenario? A company purchases a stapler for use by the office manager. The stapler cost $14 and has an estimated useful life of 15 years. The purchase is immediately written-off as an expense. Cost principle Materiality principle Business entity concept Matching principle

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