The matching objective is well established as a basis for recording expenses. Required 1. New accountants sometimes

Question:

The matching objective is well established as a basis for recording expenses.
Required
1. New accountants sometimes state the objective as matching revenues against expenses. Explain to a new accountant why matching revenues against expenses is incorrect.
2. It has been suggested that not-for-profit organizations, such as churches and hospitals, should flip their income statements and show revenues as a deduction from expenses. Why do you think that the suggestion has been made?