Which principle dictates that efforts (expenses) be recorded with accomplishments (revenues)? (a) Matching principle. (b) Cost principle.
Question:
Which principle dictates that efforts (expenses) be recorded with accomplishments (revenues)?
(a) Matching principle.
(b) Cost principle.
(c) Periodicity principle.
(d) Revenue recognition principle.
AppendixLO1
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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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