Question: The time period concept states that _ _ _ _ _ _ _ _ . Question content area bottom Part 1 A . all expenses

The time period concept states that________.
Question content area bottom
Part 1
A.
all expenses should be recorded when they are incurred during the period
B.
expenses incurred during a period should be matched against the revenues of the period
C.
financial statements can be prepared for specific periods
D.
companies should record revenue when it has been earned

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