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Finance
?
The expense recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that:
assets should be matched with liabilities.
efforts should be matched with accomplishments.
dividends should be matched with stockholder investments.
cash payments should be matched with cash receipts.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
efforts should be matched with accomplishments.
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