The practice of expense recognition is matched up

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Try again. The practice of expense recognition is matched up with the revenue recognition in the same accounting period. See the section “The Expense Recognition Principle” in Chapter 4 of the course textbook.
1/1Question 4A company usually determines the amount of supplies used during a period by _____.
1/1Question 5If a company fails to make an adjusting entry to record supplies expense, then _____.

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