Which of the following accounting methods accomplishes much of the matching of revenues and expenses?
A)Match accounting.
B)Cash accounting.
C)Accrual accounting.
D)Full disclosure accounting.

Question

Quizplus · Accepted Answer

Accrual accounting matches revenues and expenses by recording them when they are earned or incurred, regardless of when cash transactions occur.

Which of the Following Accounting Methods Accomplishes Much of the Matching