The Accounting Principle Which Tells Accountants When to Record Revenue

question 83

Multiple Choice

The accounting principle which tells accountants when to record revenue and in what amount is called the:

• A) matching principle
• B) revenue recognition principle
• C) full disclosure principle
• D) going concern principle

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Definitions:

MyPlate Diagram

A visual tool developed by the USDA to help Americans understand and follow healthy eating patterns, replacing the food pyramid.

Primary Prevention

Measures taken to prevent the occurrence of a disease or injury before it actually happens, typically through risk reduction.

Blood Pressure Screenings

Medical tests to measure the force of blood against the walls of the arteries, used to identify hypertension and assess risk for heart disease and stroke.