The principle that dictates (3) that efforts (expenses) be matched with an accomplishment (revenues) is * :the (a) Matching principle (b) Cost principle (c) Revenue recognition principle. (d) Full disclosure principle. O

College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter4: Adjusting Entries And The Work Sheet
Section: Chapter Questions
Problem 6QY: The __________ requires that expenses be matched up with revenue for the same period of time. a....
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The principle that dictates (3)
that efforts (expenses) be
(2) ühäi
matched with an
accomplishment (revenues) is
* :the
(a) Matching principle
(b) Cost principle O
(c) Revenue recognition principle.
(d) Full disclosure principle. O
Transcribed Image Text:The principle that dictates (3) that efforts (expenses) be (2) ühäi matched with an accomplishment (revenues) is * :the (a) Matching principle (b) Cost principle O (c) Revenue recognition principle. (d) Full disclosure principle. O
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