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    Most entities satisfy the accounting criteria for ...

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    Most entities satisfy the accounting criteria for recognizing an expense when:
    1. a commitment is made to purchase a product or service.
    2. cash is paid to a supplier.
    3. a cost is incurred in the revenue generating process.
    4. a dividend is paid to stockholders.

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    https://brainmass.com/business/accounting/most-entities-satisfy-the-accounting-criteria-for-493890

    Solution Summary

    Most entities satisfy the accounting criteria for recognizing an expense when:
    1. a commitment is made to purchase a product or service.
    2. cash is paid to a supplier.
    3. a cost is incurred in the revenue generating process.
    4. a dividend is paid to stockholders.

    $2.19

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