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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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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