Company C is a chocolate factory and retailer. The company sells factory tours that include...
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Accounting
Company C is a chocolate factory and retailer. The company sells factory tours that include a free sample of cocoa nibs. The cost of the cocoa nibs set out for tour guests is simply recorded as an expense together with other promotional expenses.
This is an example of an application of which accounting principle?
A. Consistency
B. Money Measurement
C. Materiality
D. Relevance
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