What is consumption of benefit?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:47
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belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:47
total answers (1)
Accounting
Earnings are generally recognized when an entity's economic benefits are consumed in revenue earnings activities (or matched to the period incurred or allocated systematically).
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