Identify each of the following terms/phrases as either an accounting: (a) Principle, (b) Assumption, (c) Constraint. 1.

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Identify each of the following terms/phrases as either an accounting:
(a) Principle,
(b) Assumption,
(c) Constraint.
1. Materiality
2. Time period
3. Benefit exceeds cost
4. Revenue recognition
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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