An accountant indicates that a certain expense was recognized in the current year because of the matching

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An accountant indicates that a certain expense was recognized in the current year because of the matching principle. What does that mean?

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Financial Accounting

ISBN: 978-0133052152

2nd edition

Authors: Robert Kemp, Jeffrey Waybright

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Posted Date: Mar 24, 2024 09:39 PM

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An accountant indicates that a certain expense was recognized in the current year because of the matching

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The matching principle is an accounting principle that states that exp... View the full answer

Financial Accounting

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