According to the Matching Principle, Short-Term Needs for Funds Should

question 29

True/False

According to the matching principle, short-term needs for funds should be financed by short-term sources of funds; long-term need for funds should be financed by long-term sources of funds.

---

Definitions:

QuickBooks

Accounting software designed for small to medium-sized businesses, offering on-premise accounting applications as well as cloud-based versions.

Customers and Sales

A business area focused on building relationships with buyers and generating revenue through product or service sales.

Invoice

A document issued by a seller to a buyer, indicating items sold, amounts due, shipping date, payment terms, and other transaction details.

Home Page

The main or starting page of a website or software application, often providing navigation to other sections or features.