Multiple Choice
Two accounting principles central to accrual accounting basis that are relied on in the adjusting process are:
A) Revenue recognition and going-concern.
B) Revenue recognition and monetary unit.
C) Expense recognition (matching) and cost.
D) Revenue recognition and Expense recognition (matching) .
E) Expense recognition (matching) and business entity.
Correct Answer:

Verified
Correct Answer:
Verified
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