A

Admin • 833.24K Points
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Q. Which principle requires that expenses should be matched with revenues?

  • (A) Consistency Principle
  • (B) Matching Principle
  • (C) Conservatism Principle
  • (D) Going Concern Principle
  • Correct Answer - Option(B)
  • Views: 24
  • Filed under category Accounting
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Explanation by: Admin

The Matching Principle ensures that expenses are recorded in the same period as related revenues.

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