The Matching Principle used in accounting is consistent with

Name: The Matching Principle used in accounting is consistent with
Brand: Quizplus
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The Matching Principle used in accounting is consistent with Accrual based accounting practices. This principle states that expenses incurred in generating revenues must be matched with the revenues earned during the same period. In accrual accounting, revenues and expenses are recognized when they are earned or incurred, regardless of the timing of cash inflows and outflows.

The Matching Principle Used in Accounting Is Consistent with