Match the words with the term.
-The matching principle is the process of selecting the most appropriate financing source when selling an asset.

Name: Match the words with the term. -The matching principle is the process of selecting the most appropriate financing source when selling an asset.
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Question

Quizplus · Accepted Answer

The matching principle in accounting refers to the practice of matching expenses with the revenues they generate, not selecting financing sources for selling an asset.

Match the Words with the Term