Question: d. Net Ihcome. 35. Recognizing revenue when it is earned and not when cash is received and recognizing expenses when the related goods or services

d. Net Ihcome. 35. Recognizing revenue when it is earned and not when cash is received and recognizing expenses when the related goods or services are used rather than when they are paid for is called a. Revenue recognition. b. Accrual accounting c. Conservatism. d. Matching

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