loader  Loading... Please wait...

Question(s) / Instruction(s):

"All costs that are used to generate revenue are recorded in the period the revenue is recognized." This is the definition of which principle in accounting?
A.    Materiality principle.
B.    Revenue recognition principle.
C.    Matching principle.
D.    Conservatism principle.
E.    None of the above.

Find Similar Answers by Subject

Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)

Expert's Answer
Download Solution:

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

Reach Us