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The due process test is subject to all of the following criticisms except ______.
Assets
Resources owned or controlled by a business, expected to produce future economic benefits.
Expenses
Costs incurred in the process of earning revenue; examples include rent, utilities, and salaries.
Prepaid Rent Expense
An advance payment for rent that is recorded as an asset on the balance sheet until it is consumed or the rental period elapses.
Contra-Asset
An account that offsets an associated asset account on a company's balance sheet, like an allowance for doubtful accounts reducing accounts receivable.
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