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The decision to expense or capitalise an item is important because: Group of answer choices it may have direct implications for the value of the
The decision to expense or capitalise an item is important because:
Group of answer choices
it may have direct implications for the value of the organisation and wealth of managers
it may have an impact on contractual arrangements that are based on accounting numbers related to profits and/or assets
it may give managers scope to maximise personal wealth, in line with Positive Accounting Theories
All of the given options are correct.
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