The Matching Principle Does Not Aim to Record Expenses in the Same

question 40

True/False

The matching principle does not aim to record expenses in the same accounting period as the revenue earned as a result of these expenses.

---

Definitions:

Vicarious Trauma

Trauma experienced indirectly, through exposure to details of traumatic events affecting others, often observed in professionals working with trauma victims.

Occupational Stress

Stress experienced as a result of job-related duties and pressures, which can lead to psychological and physical health issues.

Affective

Relating to moods, feelings, and attitudes; usually describes aspects of emotion or emotional responses.

Physical Exhaustion

A state of extreme physical fatigue resulting from excessive workload, stress, or lack of rest, often leading to reduced performance and health issues.