Which principle dictates that efforts (expenses) be recorded with accomplishments (revenues)? (a) Matching principle. (b) Cost principle.

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Which principle dictates that efforts (expenses) be recorded with accomplishments (revenues)?

(a) Matching principle.

(b) Cost principle.

(c) Periodicity principle.

(d) Revenue recognition principle.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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