The association of revenue of a period with all of the costs necessary to generate that revenue
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The association of revenue of a period with all of the costs necessary to generate that revenue is called
a. the revenue recognition principle.
b. the matching principle.
c. the income recognition principle.
d. none of the above.
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Related Book For
Financial Accounting The Impact On Decision Makers
ISBN: 9780324655230
6th Edition
Authors: Gary A. Porter, Curtis L. Norton
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