Which of the following is the principle that a company must recognize revenue in the period in
Question:
Which of the following is the principle that a company must recognize revenue in the period in which it is earned; it is not considered earned until a product or service has been provided?
A. Revenue recognition principle
B. Expense recognition (matching) principle
C. Cost principle
D. Full disclosure principle
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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