Which Accounting Principle Requires Reporting Expenses in the Same Period

question 130

Multiple Choice

Which accounting principle requires reporting expenses in the same period as the sales they helped to produce?

• A)Materiality.
• B)Cost.
• C)Matching.
• D)Business entity.
• E)Going concern.

---

Definitions:

Decreased Blood Flow

Decreased blood flow refers to reduced circulation of blood in the body, which can lead to various health issues due to insufficient oxygen and nutrient supply to tissues.

Pale

Having a lighter shade of color or lacking in intensity; can refer to physical appearance or luminosity.

Melanocytes

Cells located in the lower layer of the skin's epidermis and in the hair follicles, responsible for producing the pigment melanin, which colors the skin, hair, and eyes.

Vitiligo

A condition in which the skin loses its pigment cells, resulting in discolored patches.