The matching principle ________.
A) guides accounting for revenues and expenses
B) results in the matching of expenses incurred during the period to the cash paid for expenses
C) ensures that all expenses are recorded when they are incurred during the period
D) results from a natural link between all expenses and revenues

Question

Quizplus · Accepted Answer

The Answer of The matching principle ________.
A) guides accounting for revenues and expenses
B) results in the matching of expenses incurred during the period to the cash paid for expenses
C) ensures that all expenses are recorded when they are incurred during the period
D) results from a natural link between all expenses and revenues

The Matching Principle ________