The last picture is the options for each question. So each of the questions has to match up with one of those 4 answers.

Match the description with the term listed in the right column [Choose ] The basis of accounting required by Generally Accepted Accounting Principles (GAAP) [Choose ] The basis of accounting not allowed by Generally Accepted Accounting Principles (GAAP) [Choose ] Expenses are recognized in the period in which efforts are made to generate revenue. State another way, expenses are recognized in the period the company uses a good a service to produce revenue. OOOO [Choose] Revenue is recognized in the accounting period in which a company company satisfies a performance obligation. A performance obligation is satisfied when a company provides a customer with a good or service. The basis of accounting where revenue is recorded when cash is received. [Choose ] [Choose ] The basis of accounting where transactions that change a company's financial statements are recorded in the period in which the event occurs that changes the statements. [Choose ] Revenue Recognition Principle Cash basis of accounting Expense Recognition Principle Accrual basis of accounting