Explain how depreciation relates to the matching principle

Reference no: EM13499814

1.What factors should management take into consideration when selecting an inventory reporting method? Explain how these factors can differentially impact a company's financial statements.

2.In your own words, explain the concept of materiality.

3.Explain how depreciation relates to the matching principle.

Reference no: EM13499814

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Explain how depreciation relates to the matching principle : Explain how depreciation relates to the matching principle.

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