Which of the Following Statements Regarding the Matching Principle Is

question 29

Multiple Choice

Which of the following statements regarding the matching principle is correct?

• A)The matching principle is never relevant to tax accounting.
• B)The matching principle of financial accounting is an important component of the cash method of accounting.
• C)The matching principle of financial accounting is the cornerstone of accrual basis tax accounting.
• D)The matching principle of financial accounting is sometimes relevant to timing deductions for an accrual basis taxpayer's recurring items.
• E)None of the above.

---

Definitions:

Subject Classes

Categories into which subjects or topics are divided based on shared characteristics or themes.

Categorical Proposition

A statement that asserts or denies something about all members of a category, typically structured in standard forms (A, E, I, O).

Declarative English Sentences

Statements in English that express an assertion, question, or request, typically having a subject followed by a predicate.

Explicit Subjects

Subjects that are clearly and directly expressed or stated in a sentence or argument.