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The Matching Principle Is the Principle That States

Question 1

Multiple Choice

The matching principle is the principle that states:


A) All costs that are used to generate revenue are recorded in the period the revenue is recognized.
B) All transactions are recorded at the exchange price.
C) The business is separate from its owners.
D) The business will continue to operate indefinitely unless there is evidence to the contrary.

Correct Answer:

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