Which of the following best explains the matching principle?

Question

Options

• ARevenues should be recognized when earned.
• BRevenue recognition is matched with cash.
• CExpense recognition is tied to revenue recognition.
• DExpenses are recognized at each accounting period.

• A
  6% (2)
• B
  3% (1)
• C
  81% (25)
• D
  10% (3)

Explanation

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