4 The concept of matching revenue and expense refers to the fact that: all costs incurred in the process of earning revenue during a period are recorded as an expense in that period. expenses for a period equal the revenues for the period. all cash disbursements during a period are subtracted from all cash receipts during the period. costs incurred in the process of earning revenue during a period are deferred and expensed in a future period. Question 5 Which of the following accounts would be included in the calculation for Gross Profit? Cost of goods sold. O General and selling expenses. O Net Income O Earnings per Share 4 pts 4 pts