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H3Ko H3Ko
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7 years ago
The matching principle states that ________.
A) all expenses should be recorded when they are incurred during the period
B) a business's activities can be sliced into small time segments
C) companies should record revenue when it has been earned
D) financial statements can be prepared for specific periods
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Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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.unplugged..unplugged.
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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