The Matching Principle States That ________

question 153

Multiple Choice

The matching principle states that ________.

• A) financial statements can be prepared for specific periods
• B) a business's activities can be sliced into small time segments
• C) all expenses should be recorded when they are incurred during the period
• D) companies should record revenue when it has been earned

---

Definitions:

Social Isolation

A state in which an individual lacks a sense of belonging socially, lacks engagement with others, and has a minimal number of social contacts, often resulting in feelings of loneliness.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Scientific Management

A theory of management focusing on improving economic efficiency, especially labor productivity, through the application of scientific methods to jobs and workers.

Job Enrichment

A motivational strategy that involves increasing the variety and responsibility in a job role to enhance job satisfaction and performance.