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WorldCom improperly accounted for its line cost expense by: A. Allocating line-cost expense to PPE in its first recording of the line-cost transactions B. Initially
WorldCom improperly accounted for its line cost expense by:
A. | Allocating line-cost expense to PPE in its first recording of the line-cost transactions | |
B. | Initially properly debiting the line-cost expense to an expense account and later transferring the expense to PPE. | |
C. | Misclassifying part of its line-cost expense as goodwill. | |
D. | Adding its line-cost expense to inven-tory to reduce cost of goods sold. |
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