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9. Entity is recording expense on which period they incurred. Identify which accounting principle this is referred to. A. Expense Recognition B. Revenue Recognition C.

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9. Entity is recording expense on which period they incurred. Identify which accounting principle this is referred to. A. Expense Recognition B. Revenue Recognition C. Monetary Unit D. Going Concern 10. Entity is expected to expand after some years. Identify which accounting principle this is referred to 11. Entity record the revenue on 13. Entity will not record the cash of January when the service is provided the period when they are not incurred rather than in November when payment or earned. Identify which accounting is received. Identify which accounting principle this is referred to. principle this is referred to O A. Expense Recognition A. Expense Recognition B. Revenue Recognition B. Revenue Recognition O C. Matching Principle C. Monetary Unit O D. Accrual Accounting D. Going Concern 14. Entity ends it reporting period on 12. Entity record the revenue on the December 31. Identify which accounting same period when expenses are incurred. Identify which accounting principle this is referred to principle this is referred to. O A. Time Period O A. Expense Recognition B. Monetary Unit B. Revenue Recognition C. Historical Cost Principle C. Matching Principle O D. Accrual Accounting O D. Accrual Accounting O A Expense Recognition O B. Revenue Recognition O C. Monetary Unit O D. Going Concern

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