Required information Exercise 5-21 (Algo) Prepaid expenses-insurance LO 5-10 [The following information applies to the questions displayed below.] A company makes the payment of a one-year insurance premium of $4,440 on April 1, 2022. Exercise 5-21 (Algo) Part e e. Accounting for prepaid expenses achieves a better matching of revenues and expenses and yields a more meaningful measure of net income. True or False