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17. The matching principle requires that a) non-operating gains and losses should be netted against each other b) revenues earned and expenses incurred in generating

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17. The matching principle requires that a) non-operating gains and losses should be netted against each other b) revenues earned and expenses incurred in generating those revenues should be reported in the same income statement c) a proportion of each dollar collected will be assumed to be a recovery of cost d) assets will be matched to the liabilities incurred to purchase them e) none of the above

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