Question: 1. What are the accounting rules for determining whether to expense certain costs against revenue versus capitalizing and depreciating the costs? How do the different

1. What are the accounting rules for determining whether to expense

1. What are the accounting rules for determining whether to expense certain costs against revenue versus capitalizing and depreciating the costs? How do the different treatments affect earnings? Explain the reasons for capitalizing line costs in WorldCom. Why did Cooper believe the treatment did not conform to US GAAP

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