Question
1.The practice of recording revenue in the same period in which expenses were incurred to generate the revenue is referred to as the: a.full disclosure
1.The practice of recording revenue in the same period in which expenses were incurred to generate the revenue is referred to as the:
a.full disclosure principle
b.time period principles
c.cost principle
d.revenue recognition principle
e.None of the above
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
