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Tags
#cfa-level-1 #expense-recognition #reading-25-understanding-income-statement
Question

Other expenditures that less directly match revenues relate more directly to future expected benefits; in this case, the expenditures are allocated systematically with the passage of time.

An example is
[...].

Answer
depreciation expense

Tags
#cfa-level-1 #expense-recognition #reading-25-understanding-income-statement
Question

Other expenditures that less directly match revenues relate more directly to future expected benefits; in this case, the expenditures are allocated systematically with the passage of time.

An example is
[...].

Answer
?

Tags
#cfa-level-1 #expense-recognition #reading-25-understanding-income-statement
Question

Other expenditures that less directly match revenues relate more directly to future expected benefits; in this case, the expenditures are allocated systematically with the passage of time.

An example is
[...].

Answer
depreciation expense
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4.1. General Principles
of the goods. Period costs , expenditures that less directly match revenues, are reflected in the period when a company makes the expenditure or incurs the liability to pay. Administrative expenses are an example of period costs. <span>Other expenditures that also less directly match revenues relate more directly to future expected benefits; in this case, the expenditures are allocated systematically with the passage of time. An example is depreciation expense. Examples 7 and 8 demonstrate matching applied to inventory and cost of goods sold. <span><body><html>

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repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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