A restaurant owner records his purchases of food and beverage as an expense when they are purchased,

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A restaurant owner records his purchases of food and beverage as an expense when they are purchased, and who does not record end of accounting period inventory values is violating the

a. Matching Principle.

b. Materiality Principle.

c. Objectivity Principle.

d. Full Disclosure Principle.

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 28, 2018 08:14 AM

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A restaurant owner records his purchases of food and beverage as an expense when they are purchased,

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Managerial Accounting for the Hospitality Industry

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