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A characteristic of the matching principle is that O A) Revenues are recorded in the same period as the payment of expenses OB) Expenses are

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A characteristic of the matching principle is that O A) Revenues are recorded in the same period as the payment of expenses OB) Expenses are reported on the income statement when related revenue is recognized OC) Expenses are reported on the income statement when cash is received for revenue D) Revenue are reported on the income statement regardless of when cash is paid

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