What accounting concept justifies charging low-cost plant asset purchases immediately to an expense account?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 27, 2012 12:46 AM

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What accounting concept justifies charging low-cost plant asset purchases immediately to an expense account?

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The materiality constraint justifies charging lowcost p...View the full answer

Fundamental Accounting Principles

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