Which of the following best describes the Matching Principle? All of these. Revenues are recognized...
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Accounting
Which of the following best describes the Matching Principle? All of these. Revenues are recognized when earned. Expenses are recorded at the same time that the revenue generated by those expenses occurs. Accounting is based on actual costs. 
Which of the following best describes the Matching Principle?
All of these.
Revenues are recognized when earned.
Expenses are recorded at the same time that the revenue generated by those
expenses occurs.
Accounting is based on actual costs.
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