The matching convention attempts to match revenues and expenses to a particular period.

Name: The matching convention attempts to match revenues and expenses to a particular period.
Brand: Quizplus
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Quizplus · Accepted Answer

The matching convention is a fundamental accounting concept that attempts to match revenues and expenses to the same accounting period. This convention is important in providing accurate financial reporting and demonstrating the financial performance of a company over time.

The Matching Convention Attempts to Match Revenues and Expenses to a Particular