Question: Question 2 The expense recognition principle, also clled the matching princlple: Prescribes that a company record the experses it incurred to generate the revenue reported.
Question
The expense recognition principle, also clled the matching princlple:
Prescribes that a company record the experses it incurred to generate the revenue reported.
Preserber that seroontine indermation its bured on whad east
Provides gidance on when a company must recognite revenue.
Preverbes that a company report the details behind francial statements that would impact user' decisions.
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