Which principle is used to guide your decision about accruing expenses when you have difficulty matching those expenses to the revenues they helped generate? Accounting Period Principle Conservatism Principle x Matching Principle Going Concern Principle

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 12MC: Which of the following principles matches expenses with associated revenues in the period in which...
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Which principle is used to guide your decision about accruing expenses when you have difficulty matching those expenses to the revenues they helped generate?
Accounting Period Principle
Conservatism Principle
Matching Principle
Going Concern Principle
Transcribed Image Text:Which principle is used to guide your decision about accruing expenses when you have difficulty matching those expenses to the revenues they helped generate? Accounting Period Principle Conservatism Principle Matching Principle Going Concern Principle
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