What do accountants commonly do when the connection between an expense and the corresponding revenue is vague?
A)Accelerate revenue recognition and delay expense recognition.
B)Match the expense with the period in which it is incurred.
C)Recognize the expense at the time payment is made.
D)Delay expense recognition until it can be matched with revenue.

Question

Quizplus · Accepted Answer

The Answer is B

What Do Accountants Commonly Do When the Connection Between an Expense