The Matching Principle Requires

question 174

Multiple Choice

The matching principle requires:

• A)That expenses be ignored if their effect on the financial statements are less important than revenues to the financial statement user.
• B)The use of the direct write-off method for bad debts.
• C)The use of the allowance method of accounting for bad debts.
• D)That bad debts be disclosed in the financial statements.
• E)That bad debts not be written off.

---

Definitions:

Interviewer

A person who asks questions to gather information from respondents, often for the purposes of selection, research, or media.

Genetic Testing

The analysis of chromosomes, genes, or proteins to predict disease risk, diagnose diseases, or determine treatment.

Americans with Disabilities Act

A legal statute designed to prevent discrimination towards people with disabilities, covering various sectors such as employment, education, transport, and access to both public and privately-owned facilities open to the public.

Job Offer

A formal proposition of employment extended by an employer to a prospective employee, detailing the terms of employment.