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[判断题]

The matching principle controls when expenses are recognized on the income statement.(

提问人:网友后慧珍 发布时间:2022-04-06
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更多“The matching principle control…”相关的问题
第1题
Record expenses and revenues in the same period in which they occur. What principle is applied?

A、Objectivity principle

B、Matching principle

C、Historical cost principle

D、Industry practices constraint

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第2题
The matching principle does not aim to record expenses in the same accounting period as the revenue earned as a result of these expenses.
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第3题
Which of the principles fits for "A company must record its expenses incurred to generate the revenue reported." f?

A、cost principle

B、matching principle

C、full disclosure principle

D、revenue recognision principle

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第4题
According to matching principle, Sally Smith had expenses of $500 in April which she
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第5题
Larsen Yachting Company purchases a boat for $15 000 in the month of May. It sells the boat in the month of July. requires that the $15 000 be recognized as an expenses in July?

A、Revenue Recognition Principle

B、Historical Cost Principle

C、Matching Principle

D、Full Disclosure Principle

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第6题
The broad principle that requires expenses to be reported in the same period as the revenues that were earned as a result of the expenses is the:

A、Recognition principle.

B、Cost principle.

C、Cash basis of accounting.

D、Matching principle.

E、Time period principle.

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第7题
Which GAAP guidance says that all expenses incurred while earning revenue should be report
ed in the same period that the income is reported?______.

A.The cost principle

B.The timing concept

C.The earnings rule

D.The matching principle

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第8题
The approach to preparing financial statements based on recognizing revenues when they are earned and matching expenses to those revenues is:

A、Cash basis accounting.

B、The matching principle.

C、The time period assumption.

D、Accrual basis accounting.

E、Revenue basis accounting.

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第9题
Adjusting entries result in a better matching of revenues and expenses for the period.
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