Question: The matching principle requires that expenses be recognized: A. when the costs are paid by the entity. B. in the same period in which the

The matching principle requires that expenses be recognized:

A. when the costs are paid by the entity.

B. in the same period in which the revenue generated by these expenses is recognized.

C. in the same period in which the revenue generated by these expenses is received.

D. in the same period in which all the assets are used up.

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