Question 39 Match the items in the left column with those in the right column. Materiality Convention Full-disclosure Principle Revenue recognition Principle Matching Principle Cost Principle [Choose ] [Choose] Don't worry about the trivial Record revenue when earned Deals with the timing of expense and revenue recognition Include all important things in financial statements Exchange-price principle [Choose ]

Question 39 Match the items in the left column with those in the right column. Materiality Convention Full-disclosure Principle Revenue recognition Principle Matching Principle Cost Principle [Choose ] [Choose] Don't worry about the trivial Record revenue when earned Deals with the timing of expense and revenue recognition Include all important things in financial statements Exchange-price principle [Choose ]

Financial & Managerial Accounting

13th Edition

ISBN:9781285866307

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter26: Cost Allocation And Activity-Based Costing

Section: Chapter Questions

Problem 7DQ

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