The Matching Principle States That

question 36

Multiple Choice

The matching principle states that

• A)expenses should be matched with specific jobs.
• B)expenses should be matched with revenues they generate.
• C)revenues should be recorded in the period in which the payment is received.
• D)expenses should be matched to assets which generated the expenses.

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Definitions:

Corporate Social Responsibility

A business approach that focuses on sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Restrictive Government Regulation

Laws and rules imposed by authorities that limit or control certain activities or behavior within businesses.

Public Image

The perception or reputation of an organization or individual among the public or specific audiences.

Impaired Career

describes a professional trajectory that experiences significant disruptions or setbacks, affecting an individual's career growth.