Which of the following principles matches expenses with associated revenues in the period in which the revenues
Question:
Which of the following principles matches expenses with associated revenues in the period in which the revenues were generated?
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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