ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!
  • google app store apple app store
    • тЬЦ

      Question

      Which accounting concept requires that expenses be

      matched with revenues?
      A Consistency Correct Answer Incorrect Answer
      B Prudence Correct Answer Incorrect Answer
      C Matching principle Correct Answer Incorrect Answer
      D Accruals concept Correct Answer Incorrect Answer

      Solution

      The matching principle ensures that expenses are recognized in the same accounting period as the revenues they helped to generate.

      Practice Next
      More Accounts Questions
      ask-question