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    Fundamental Accounting Principles Study Set 1
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    Exam 3: Adjusting Accounts and Preparing Financial Statements
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    The Expense Recognition (Matching) Principle Does Not Aim to Record
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The Expense Recognition (Matching) Principle Does Not Aim to Record

Question 67

Question 67

True/False

The expense recognition (matching) principle does not aim to record expenses in the same accounting period as the revenue earned as a result of these expenses.

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