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gOOvER gOOvER
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7 years ago
The materiality concept of accounting allows a business to expense the cost of freight in rather than add it to the cost of the inventory on the basis that the difference in the accounting treatment would not sway a decision by a financial statement user.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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7 years ago
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gOOvER Author
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6 years ago
Your help has been outstanding, keep it up!
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