Which of the Following Statements Is True Concerning the Matching

question 216

Multiple Choice

Which of the following statements is true concerning the matching principle?

• A)All costs can be directly matched with revenue.
• B)All costs can be indirectly matched with periods in which they provide a benefit.
• C)The association of assets for a period with the liabilities necessary to generate the assets is known as the matching principle.
• D)Cost of goods sold matched with sales revenue is a classic example of direct matching under the matching principle.

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Definitions:

Passionate Kiss

A deep and intense kiss that expresses romantic desire and emotional warmth between partners.

Excited

A state of being energetically aroused or stimulated, either emotionally or physically.

Classical Conditioning

The educational process of repeatedly pairing two stimuli, where initially the second stimulus elicits a response that eventually is elicited by the first stimulus alone.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention, until it is associated with an unconditioned stimulus in classical conditioning.