Explain why recognizing revenue and expenses in different ways has no effect on the underlying economic activity

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Explain why recognizing revenue and expenses in different ways has no effect on the underlying economic activity of an entity.

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 10:53 AM

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Explain why recognizing revenue and expenses in different ways has no effect on the underlying economic activity

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Accounting is a representation of the economic activity of an entity not the economic activity ...View the full answer

Financial Accounting A Critical Approach

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