Answer
The cause and effect method of expense recognition is often used in this situation.
Work Step by Step
Immediate recognition of expenses as well as systematic recognition of expenses can be used as well.
Intermediate Accounting (16th Edition)
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
1118743202
ISBN 13:
978-1-11874-320-1
Chapter 2 - Conceptual Framework for Financial Reporting - Review and Practice - Questions - Page 62: 24
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