The matching principle requires which of the following costs that have been incurred to produce this period's revenue to be recognized in the same period?
A)Costs incurred in the present period only.
B)Costs incurred in past and present periods.
C)Costs incurred in the present and future periods.
D)Costs incurred in the past, present and future periods.

Question

Quizplus · Accepted Answer

The Answer of The matching principle requires which of the following costs that have been incurred to produce this period's revenue to be recognized in the same period?
A)Costs incurred in the present period only.
B)Costs incurred in past and present periods.
C)Costs incurred in the present and future periods.
D)Costs incurred in the past, present and future periods.

The Matching Principle Requires Which of the Following Costs That