Home /
Expert Answers /
Accounting /
question-1-1-pts-when-tangible-assets-cost-less-than-a-certain-amount-they-are-expensed-because-the-pa258
(Solved): Question 1
1 pts
When tangible assets cost less than a certain amount, they are expensed because the ...
Question 1
1 pts
When tangible assets cost less than a certain amount, they are expensed because the cost is considered immaterial. This accounting principle is
Cost principle
Monetary principle
Materiality principle
Conservatism principle