The principle or assumption dictating that efforts (expenses) be matched with accomplishments (revenues) is the: (a) expense
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The principle or assumption dictating that efforts (expenses) be matched with accomplishments (revenues) is the:
(a) expense recognition principle.
(b) cost assumption.
(c) time period principle.
(d) revenue recognition principle.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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