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The Statements Concerning the Matching Concept That Is Correct Is

Question 4

Multiple Choice

The statements concerning the matching concept that is correct is:
i.The matching concept forms the basis of historical cost accounting
ii.The matching concept forms the basis of accrual accounting
iii.In practice proper matching is a relatively easy task
iv.In practice proper matching is a relatively difficult task


A) i.iii
B) ii.iii
C) i.iv
D) ii.iv

Correct Answer:

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