Which practice is in accordance with US GAAP? A. A company values assets at their market value. B. A company recognizes expenses when they incur them. C. The monetary unit principle takes inflation into account. D. The accounting period of a business keeps changing. E. Businesses and owners are legally dependent.
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Home » Business » Which practice is in accordance with US GAAP? A. A company values assets at their market value. B. A company recognizes expenses when they incur them. C. The monetary unit principle takes inflation into account. D.