Which principle specifies that an expense should be recognized in the period in which it is incurred to generate revenue, regardless of when cash is paid?
a. Business entity
b. Matching
c. Dual aspect
d. None of these

Question

18-06-2024
Business

Answered

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Which principle specifies that an expense should be recognized in the period in which it is incurred to generate revenue, regardless of when cash is paid?
a. Business entity
b. Matching
c. Dual aspect
d. None of these

Sagot :

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Which principle specifies that an expense should be recognized in the period in which it is incurred to generate revenue, regardless of when cash is paid?a. Business entityb. Matchingc. Dual aspectd. None of these

Sagot :

Other Questions

Which principle specifies that an expense should be recognized in the period in which it is incurred to generate revenue, regardless of when cash is paid?
a. Business entity
b. Matching
c. Dual aspect
d. None of these