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For external reporting purposes, GAAP requires companies to treat period costs as assets.

H3Ko

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For external reporting purposes, GAAP requires companies to treat period costs as assets.

For external reporting purposes, GAAP requires companies to treat period costs as assets.
A) True
B) False

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 359 times

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Tanks

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H3Ko Author

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#2

7 years ago

YES! Can't believe I got this one right. Appreciate the confirmation

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