Which accounting principle states that a company should "record revenues when they provide goods and services to customers?"
A)Matching.
B)Revenue recognition.
C)Conservatism.

Question

Quizplus · Accepted Answer

The revenue recognition principle states that a company should record revenues when they provide goods and services to customers. This principle ensures that revenue is recorded accurately and in a timely manner.

Which Accounting Principle States That a Company Should "Record Revenues