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The matching principle states that O A. a business's activities can be sliced into small time...

Question:

The matching principle states that O A. a businesss activities can be sliced into small time segments O B. companies should
The matching principle states that O A. a business's activities can be sliced into small time segments O B. companies should record revenue when it has been earned O c. financial statements can be prepared for specific periods OD. all expenses should be recorded when they are incurred during the period

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Answer : D) All the expenses should be recorded when they are incurred during the period

Matching concept related to the Revenues and Expenses , Matching concept states that the all the expense should be recorded when they are earned irrespective of the time they collected.

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