Question: Question 1 2 What does the expense recognition ( matching ) principle state? The expense recognition ( matching ) principle states that expenses should be
Question
What does the expense recognition matching principle state?
The expense recognition matching principle states that expenses should be recorded in the period before the revenues that the expense helped create.
The expense recognition matching principle states that expenses should be recorded in the same period with the revenues that the expense helped create.
The expense recognition matching principle states that expenses should be recorded in the same period with the revenues that the expense did not help create.
The expense recognition matching principle states that expenses should be recorded in the period after the revenues that the expense helped create.
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