Match the Most Probable Matching Method to the Costs Listed

question 36

Multiple Choice

Match the most probable matching method to the costs listed. (Choices may be used more than once.)
-cost of two-year lease

• A)directly match a specific revenue
• B)indirectly match with the period during which it will provide revenue
• C)not recognized in this period

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Definitions:

Writ of Attachment

A legal document issued by a court that allows for the seizure of property before the finalization of a lawsuit to secure the potential judgment.

Judgment

A formal decision or order given by a court following a legal proceeding.

Seizure

The act of taking possession of an item, property, or individual by legal authority as a result of a law violation or court order.

Short-Term Loan

A short-term loan is a type of financing that is obtained for a relatively brief period, typically less than a year, to address immediate financial needs.