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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 5: Income Statement: Reporting Results of Operating Activities
  5. Question
    The Matching Convention Assigns _____ to the Related _____
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The Matching Convention Assigns _____ to the Related _____

Question 37

Question 37

Multiple Choice

The matching convention assigns _____ to the related _____.


A) expenses; revenues
B) revenues; revenues
C) assets; liabilities
D) liabilities; assets
E) assets; shareholders' equity

Correct Answer:

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