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solina solina
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8 years ago
The matching principle requires that
A) expenses be recognized in the period when cash payments occurred.
B) allows considerable latitude in the timing of expense recognition.
C) expenses be recognized in the same period as when the firm became liable for payment.
D) all expenses be allocated to some specific source of revenue.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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Heavy Heart Thank you bio-forums! Heavy Heart
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vanrheevanrhee
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8 years ago
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solina Author
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You make an excellent tutor!
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this is exactly what I needed
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