Which of the Following Accounting Principles Prescribes That a Company

question 105

Multiple Choice

Which of the following accounting principles prescribes that a company record its expenses incurred to generate the revenue reported?

• A) Going-concern assumption.
• B) Matching principle.
• C) Cost principle.
• D) Business entity assumption.
• E) Consideration assumption.

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Definitions:

Spinalis Muscle

A column of muscles located closest to the spine, part of the erector spinae group, which extends and assists in the rotation of the spine.

Pelvic Diaphragm

A group of muscles and connective tissues at the base of the pelvis that supports the pelvic organs.

Levator Ani

A broad, thin muscle, situated on either side of the pelvis, which supports the pelvic viscera.

Coccygeus Muscles

Muscles located near the tailbone that support pelvic organs and assist in bending the coccyx.