The matching principle and the full disclosure principle are the two main accounting principles used in accrual accounting.

Name: The matching principle and the full disclosure principle are the two main accounting principles used in accrual accounting.
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

The two main accounting principles in accrual accounting are the matching principle and the revenue recognition principle. The full disclosure principle is important but not one of the two main principles.

The Matching Principle and the Full Disclosure Principle Are the Two