A

Admin • 831.35K Points
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Q. Which principle states that expenses should be matched with revenues?

  • (A) Accrual Concept
  • (B) Consistency Concept
  • (C) Matching Concept
  • (D) Conservatism Concept
  • Correct Answer - Option(C)
  • Views: 16
  • Filed under category Accounting
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Explanation by: Admin
Matching Concept ensures that expenses are recognized in the same period as related revenues.

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