The expense recognition principle matches A creditors with businesses. B) assets with liabilities. C customers with businesses. D expenses with revenues. Question 11 0.5 Points The expense recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that A assets should be matched with liabilities. B efforts should be matched with accomplishments. dividends to shareholders should be matched with shareholders' Investments. cash payments should be matched with cash receipts