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Which principle directs a company to show all the expenses related to its revenues of a period even if the expenses were not paid in that period?

<p>A.  Accrual </p> <p>B. Matching</p> <p>C. Costing</p> <p> </p>

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Question ajoutée par Altaf Bhoon ACA , Assistant Finance Manager , Atlantic Maritime Group FZE
Date de publication: 2014/12/09
Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

B- Matching

mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Matching answer B

Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Matching Principal is the right answer.

Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

B

 

Sajid Hussain Penukonda
par Sajid Hussain Penukonda , Executive Finance , Excellence Data Research Private Limited (Cognizant Group)

Matching Concept- Expenses incurred by an Organization must be charged to the income statement in the same accounting period even if the expense is not paid in that period

Matching Principle requires that expenses incurred by an organization must be charged to the income statement in the accounting period in which the revenue, to which those expenses relate, is earned. - See more at: http://accounting-simplified.com/financial/concepts-and-principles/matching.html#sthash.n6S4lE3z.dpuf

Utilisateur supprimé
par Utilisateur supprimé

b)

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

Correct answer is B. Matching

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Agreed to all expert answers.  B. Matching Principle.

Tanveer Qureshi
par Tanveer Qureshi , Director , Qureshi Associates

Option-B.

Sahar Alech
par Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Matching principle...........

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