6. The Matching Concept states that firms should A. record expenses in the same period as the revenues they helped to generate. B. make sure that the left side of the accounting equation equals the right side. C. both A and B are correct. D. none of the above is correct. 7. The Sarbanes-Oxley Act of 2002 A. required that the CEO and CFO personally certify the firm's financial statements. B. was voted on favorably by the overwhelming majority of democrats in Congress. C. was opposed by the overwhelming majority of republicans in Congress. D. both A and B are correct. E. all of the above are correct. 8. To achieve good internal control over cash receipts, a firm should A. assign different employees to receive the cash vs. record the cash receipt. B. make sure the depositor of cash is not the one who records the cash receipt. C. prohibit customers from using debit or credit cards. D. both A and B are correct. E. all of the above are correct. 9. When a consignment is falsely recorded as a sale by Smith Co., it's likely that A. Smith Co. is also overstating accounts receivable on its books. B. Smith Co. is also overstating the cash balance on its books. C. Smith Co. is also overstating the inventory balance on its books. D. both A and C are correct. E. both B and C are correct. F. none of the above is correct. 10. At the moment that someone purchases a $50 Amazon gift card at a supermarket, A. the supermarket earns $50 of sales revenue. B. the supermarket earns some amount of revenue. C. Amazon earns $50 of sales revenue. D. Amazon earns $50 of net income. E. both B and C are correct. F. both B and D are correct