$1.$

Accrual accounting

a$.$

Any consecutive $12-$month period

$2.$

Matching principle

b$.$

Records the impact of a business event as it occurs, regardless of

$3.$

Revenue recognition principle

whether the transaction affected cash

$$

$4.$

Fiscal year

c$.$

Records expenses when incurred to sell goods or provide services

d$.$

Records revenue when it is earned