Listed Below Are the Three Expense Recognition Principles Followed by a Series

question 83

Essay

Listed below are the three expense recognition principles followed by a series of expense items.
a.association of cause and effect
b.systematic and rational allocation
c.immediate recognition


Required:
Match the expense recognition principles to their corresponding expenses by placing the appropriate letter in the space provided.

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Definitions:

NFC

Short for Near Field Communication, a set of communication protocols that enable two electronic devices to establish communication when they are within 4 cm of each other.

CRM

Customer Relationship Management, a strategy for managing an organization's relationships and interactions with current and potential customers.

Mobile CRM

A CRM approach that enables access to customer data, interaction capabilities, and customer management tools through mobile devices, enhancing flexibility and outreach.

On-demand

Refers to services or systems that are available anytime as per the user's request or need.