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Why are certain costs of doing business capitalized when incurred and then depreciated or amortized over subsequent accounting cycles? Group of answer choices to aid
Why are certain costs of doing business capitalized when incurred and then depreciated or amortized over subsequent accounting cycles?
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to aid management in cashflow analysis
to match the costs of the capitalized asset with revenues as they are earned
to reduce the federal income tax liability
to adhere to the accounting constraint of conservatism
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