Which Principle Holds That All of the Expenses Incurred in Earning

question 39

Multiple Choice

Which principle holds that all of the expenses incurred in earning revenue should be identified with the revenue recognized and reported for the same period?

• A) liability principle.
• B) revenue principle.
• C) matching principle.
• D) timing principle.

Explain the concept of torque in electric motors and identify different types of torque.

Describe the electrical characteristics of induction motors, including power factor and its significance.

Identify and explain the various designations and ratings used for electric motors.

Understand the role of magnet wire insulation in electric motors.