Examlex

Solved

The Matching Principle Requires That Revenue Not Be Assigned to the Accounting

question 187

True/False

The matching principle requires that revenue not be assigned to the accounting period in which it is earned.


Definitions:

Hugging

The act of embracing someone with one's arms as a form of physical intimacy or affection.

Optimism

A mindset defined by optimism and faith in achieving success and a bright future.

General Tendency

An overall direction or inclination in behavior, thought, or attitude that is common across different contexts or situations.

Good Outcomes

Positive or desirable results or consequences of an action or situation.

Related Questions