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

---

Definitions:

Organizational Development

A domain focused on enhancing understanding and efficacy in individuals to achieve better organizational transformation and outcomes through research, theoretical frameworks, and practical applications.

Bankruptcy

A legal proceeding involving a person or business that is unable to repay their outstanding debts.

Job Embeddedness

The extent to which employees feel committed to their job and community, influencing their decision to stay or leave the organization.

Human Resource Strategies

Long-term plans outlining how a company will manage and deploy its workforce to achieve its business objectives.