The Matching Principle Means Which of the Following

question 29

Multiple Choice

The matching principle means which of the following?

• A) Revenues are subtracted from expenses.
• B) Expenses are subtracted from revenues.
• C) Assets are subtracted from liabilities.
• D) Liabilities are subtracted from expenses.

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Definitions:

Centre of Gravity

A method used in logistics and supply chain management to find the optimal location of a facility based on minimizing transportation costs.

School District

An organizational entity within a specific geographical area that operates and manages public schools.

Average Distance

A measure used to calculate the mean distance between points in a dataset, often used in logistics and planning.