Multiple Choice
Ensuring that information is reported often is part of the:
A) matching principle.
B) revenue principle.
C) time-period concept.
D) expense principle.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: adjusting entry required for an accrued expense
Q39: matching principle guides accounting for expenses?identifying all
Q40: adjusted trial balance columns on a work
Q41: financial statements should be prepared in this
Q42: income statement should list expenses is what
Q44: Which of the following entries would
Q45: Which of the following is TRUE of
Q46: Every adjustment affects which of the following
Q47: adjusting entry to record supplies expense accomplishes
Q48: account type is debited in the adjusting