The Matching Principle States That Expenses Should Be Matched with Revenues

question 46

Multiple Choice

The matching principle states that expenses should be matched with revenues. Another way of stating the principle is to say that

• A) assets should be matched with liabilities.
• B) efforts should be matched with accomplishments.
• C) owner withdrawals should be matched with owner contributions.
• D) cash payments should be matched with cash receipts.

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Definitions:

Female Fruit Flies

Refers to the female specimens of fruit flies, often studied for genetics, behavior, and evolutionary biology.

Sperm-Transferring Pedipalps

In certain arachnids, modified appendages used by males to transfer sperm to the female during reproduction.

Male Spider

A reference to the male of the spider species, which often engages in complex mating rituals and sometimes faces post-mating cannibalism by the female.

Semen Ejection

The process by which semen is expelled from the male reproductive tract, generally during ejaculation, as part of the reproductive process.