Question: Which principle specifies that cost or expenses should be recorded at the same time as the revenue to which they correspond? a. Prudence principle b.
Which principle specifies that cost or expenses should be recorded at the same time as the revenue to which they correspond?
| a. | Prudence principle |
| b. | Matching principle |
| c. | Going concern principle |
| d. | Consistency principle |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
