QUESTION 33 What is the matching principal? Why is it important? And is it used in...

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QUESTION 33 What is the matching principal? Why is it important? And is it used in cash basis accounting or accrual basis accounting, or both? TT TArial 33 (12pt) Path: p QUESTION 34 What is the difference between cash basis accounting and accrual basis accounting? TTT Arial T-E QUESTION 33 What is the matching principal? Why is it important? And is it used in cash basis accounting or accrual basis accounting, or both? TT TArial 33 (12pt) Path: p QUESTION 34 What is the difference between cash basis accounting and accrual basis accounting? TTT Arial T-E

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The matching principlerequires that revenues and any related expenses be recognized together in the ... View the full answer