d. upon shipment of the merchandise to the consignee. Question 5 The practice of matching Not yet auwered Marked out of 1.00 P Flag Question Select one O a. dictates that efforts (expenditures) be matched with associated cash flow. O b requires arbitrary allocation of an asset's contribution to a revenue stream C illustrates the cause and effect relationship between money spent to earn revenues and the revenues themselves. d. is required by GAAP to approximate an asset's contribution to an entity's periodic cash flow Question 6 On January 1, 2016, Moon Corp purchased a trademark for $ 300,000, which had an estimated useful life of 15 years. In January 2020, Moon paid $ 44,000 for legal fees in a successful defense of the trademark. The amortization expense for this asset for calendar 2020, should be Not yet answered Select one Marked out of