Question: Multiple Select Question Select all that apply Which of the following statements are true regarding the matching concept? Revenues and expenses for the period must

Multiple Select Question
Select all that apply
Which of the following statements are true regarding the matching concept?
Revenues and expenses for the period must be equal.
Revenues are recorded in the period in which they are earned.
Cash inflows and cash outflows are matched to the period in which revenues are earned.
Expenses are recorded in the period in which they are incurred.
Multiple Select Question Select all that apply

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