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Friday, September 01, 2017 11:36:01 AM
the accountant should choose the alternative that will result in a lesser asset amount and/or a lesser profit."
It is about REVENUE RECOGNITION - PROFIT IS TIED TO REVENUE
regardless - if you want to change the rule to become overly broad to assist you in your position (ie make up your own rule /use the argument of 'being conservative' on the whole) please go read my comments on that previously, as it has been addressed fully.
repeatedly arguing about facts will not change facts
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