Question
Which accounting principle states that revenue should be recognized when it is earned, regardless of when the cash is received? A) Matching principle B) Revenue
Which accounting principle states that revenue should be recognized when it is earned, regardless of when the cash is received?
A) Matching principle B) Revenue recognition principle C) Conservatism principle D) Materiality principle
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Financial Accounting An International Introduction
Authors: David Alexander, Christopher Nobe
6th Edition
1292102993, 978-1292102993
