Activity 1: Sales revenue should be recognized when goods and services have been supplied; costs are...

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Activity 1: Sales revenue should be recognized when goods and services have been supplied; costs are incurred when goods and services have been received. Which accounting concept governs the above? A.The substance over form concept OB.The materiality concept C.The accrual concept D. The historical cost concept Activity 1: Sales revenue should be recognized when goods and services have been supplied; costs are incurred when goods and services have been received. Which accounting concept governs the above? A.The substance over form concept OB.The materiality concept C.The accrual concept D. The historical cost concept

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