Question
2.The matching principle requires that A.expenses are recorded when they are incurred during a period. B.revenue is recorded only after it has been earned. C.time
2.The matching principle requires that
A.expenses are recorded when they are incurred during a period.
B.revenue is recorded only after it has been earned.
C.time is divided into annual periods to measure expenses properly.
D.revenue is recorded after cash is received.
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Accounting And Finance For Non Finance Managers
Authors: Jai Kumar Batra
1st Edition
9352806964, 978-9352806966
