Why does the concept of matching underlie the cost flows in a job order costing system?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 09:23 AM

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Why does the concept of matching underlie the cost flows in a job order costing system?

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The matching rule tracks or matches costs against the revenues they generate each period Costs flow ...View the full answer

Principles of Accounting

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