The Matching Concept Requires Expenses Be Recorded in the Same

question 174

True/False

The matching concept requires expenses be recorded in the same period that the related revenue is recorded.

---

Definitions:

Photoelectric Sensors

Devices that detect objects, changes in light intensity, or proximity by emitting and receiving light.

Phototransistor

A semiconductor device that detects light and converts it into an electrical signal, used in various sensing and light detection applications.

Strain Gauge

A sensor whose resistance varies with applied force; it's used in mechanical engineering to measure strain on an object.

Resistance

A measure of the opposition to the flow of electric current in a conductor, usually quantified in Ohms (Ω).