menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 17
  4. Exam
    Exam 3: The Accounting Cycle: End of the Period
  5. Question
    Which of the Following Accounting Principles States That Expenses Are
Solved

Which of the Following Accounting Principles States That Expenses Are

Question 168

Question 168

Multiple Choice

Which of the following accounting principles states that expenses are recognized in the same period as the revenues they help to generate?


A) Accounting equation.
B) Revenue recognition.
C) Matching.
D) Conservatism.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: Long-term liabilities are liabilities due in more

Q163: The adjusted trial balance for Yondel Company

Q165: When the balance of the Unearned Revenue

Q166: After closing entries are posted to the

Q167: Which of the following regarding adjusting entries

Q169: The year-end adjusted trial balance included the

Q170: On November 1,2015,a company receives $1,800 for

Q171: Consider the following events for Betterment Incorporated:

Q172: Which of the following statements are correct?

Q173: A company purchases new equipment for $24,000

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines