Concept – Accrual Concept & Revenue

Managerial Accounting

Garrison, Noreen, and Brewer

17th Edition

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The accrual concept whereby costs incurred to generate revenue are expensed in the SAME period as the revenue is to be recognized is known as the WHAT principle.

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  • Search Terms: (enter a accrual are as blank.) concept costs expensed generate in incurred is known one only per period principle. recognized revenue same that the to word
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