Sunnyside Nuclear Plant will be mothballed at the end of its useful life (approximately 20 years) at great expense. The matching principle requires that expenses be matched to revenue.
Sunnyside Nuclear Plant will be mothballed at the end of its useful life (approximately 20 years) at great expense. The matching principle requires that expenses be matched to revenue. Accountants Iris Stuart and Stanley Stuart, Jr., argue whether it is better to allocate the expense of mothballing over the next twenty years or to ignore it until mothballing occurs. What, if any, is the moral issue underlying the dispute? What stakeholders should be considered? What decision would you make?
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