Question 15 Unsaved Depreciation and Cost of Goods Sold are good examples of application of matching principle.

True

False

Question 16 Unsaved An act passed in response to the wave of corporate accounting scandals is the

A.	The Sarbanes-Oxley Act of 2001
B.	Saxon-Ordanly Act of 2001
	C.Sorbine-Oxide Act of 2001
	D.Sorbex- Accounting Act of 2001