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AICPA Exam CPA-Financial Topic 2 Question 16 Discussion

Actual exam question for AICPA's CPA Financial Accounting and Reporting exam
Question #: 16
Topic #: 2
[All CPA Financial Accounting and Reporting Questions]

Advertising costs may be accrued or deferred to provide an appropriate expense in each period for:

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Suggested Answer: B

Choice 'b' is correct. Yes - Yes.

Advertising costs may be accrued or deferred to provide an appropriate expense in each period for both 'interim' and 'year-end' financial reporting.


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