In which type of business would accrual-basis accounting result in the same income measure as cash-basis accounting? Medium-sized construction business in which most of the assets are long-term construction equipment items that last for 15 years Small manufacturing business in which routine inventory items are produced in bulk now, stored for two or three years, and then sold to customers Small business in which all sales amounts are collected in cash at the time of the sale and all expenses immediately accounting? Recording revenues and expenses when earned or incurred, not when cash is received or paid Recording the amount of revenues and the amount of expenses when cash is received or paid Recording the amount of revenues and the amount of expenses when process cycles are complete important principle? Measurement principle Revenue recognition principle Fiscal principle Sorting principle Matching principle