Click to watch the Tell Me More Learning Objective App2 video and then answer the questions below. 1. As per the matching principle, the expenses incurred in generating revenue are recorded a. in the same period as the related revenue b. in the period cash is collected from the revenue c. In the period cash is paid for the expenses d. if the amount of total revenue is more than expense 2. Under the revenue recognition principle, revenues are recorded when earned, which is when the services have been performed or products have been delivered to customers.