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Which of the following is false ? A Relevance is the characteristic of accounting information that says the information would make a difference in a
Which of the following isfalse?
A Relevance is the characteristic of accounting information that says the information would make a difference in a user's decision.
B Accounts receivable would normally be classified as a current asset.
C Accumulated depreciation would normally appear on the income statement.
D The matching principle holds that all expenses incurred in the generation of revenue should be recognized in the same period as the revenue is earned.
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