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What is the definition of the matching principle? a. All expenses required to produce revenue are recognized in the same period. b. Revenue is recorded

What is the definition of the matching principle?

a.

All expenses required to produce revenue are recognized in the same period.
b.

Revenue is recorded when goods or services are provided.
c.

Transactions are recorded at actual cost.
d.

All significant facts and circumstances are included in the financial statements.

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