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Which of the following company activities would NOT tend to increase current period net income? O The company routinely books the full value of any
Which of the following company activities would NOT tend to increase current period net income? O The company routinely books the full value of any new contracts it obtains as revenue when at least 25% of the payment has been received. O The company capitalizes its advertising costs and amortizes the costs over three years. The company has decided to depreciate its building over an 18-month period instead of 12 months. O Due to a recent jump in inventory costs, the company has decided to change its inventory valuation method from FIFO to LIFO. Which of the following company activities would NOT tend to increase current period net income? O The company routinely books the full value of any new contracts it obtains as revenue when at least 25% of the payment has been received. O The company capitalizes its advertising costs and amortizes the costs over three years. The company has decided to depreciate its building over an 18-month period instead of 12 months. O Due to a recent jump in inventory costs, the company has decided to change its inventory valuation method from FIFO to LIFO
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