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The issue of deciding when to record a transaction is solved by a. properly classifying...

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Question

Accounting

The issue of deciding when to record a transaction is solved by

a. properly classifying the tranaction

b. deciding on a point of recognition,

c.assigning historical cost to the trasaction,

d. analyzing the intent of mamagement

The cost principle relates most closely to the

a. Recognition point

b. Recognition issue

c.valuation issue

d.classification issue

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