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x 1. Recognition of expense related to amortization of an intangible asset illustrates which principle of accounting? Select one: a. Full disclosure b. Historical cost.
x 1. Recognition of expense related to amortization of an intangible asset illustrates which principle of accounting? Select one: a. Full disclosure b. Historical cost. c. Revenue recognition. d. Expense recognition. 2. Revenue is recognized in the accounting period in which the performance obligation is satisfied. This statement describes the Select one a relevance characteristic expense recognition principle. c. consistency characteristic Revenue recognition principle
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