Which of the following accounting treatments violates the expense recognition principle? O A capital expenditure is recorded as an expense. O The seller records inventory in transit as Cost of Goods Sold when the terms are FOB shipping point. O A long-term asset is expensed over its useful life using one of the depreciation methods in accordance with GAAP. O Inventory is expensed in the period of the sale of the inventory. O More than one of these choices violates the expense principle